đWHERE TO BUY BLZUSDT?đ
Current Trend: BLZUSDT is currently in a bearish trend and moving in a falling wedge for approximately 125 days.
The support zone at $0.1080 - $0.1241 is holding the price. If this zone fails to hold the price, we could see more decline in the pric.
Technical Indicators:
- Oscillators suggest a neutral trend.
- Moving Averages indicate a strong sell signal.
- The Relative Strength Index and Stochastic %K also indicate a neutral trend.
Trade Ideas:
- Long-term investors: Consider buying at support levels of $0.2224 and $0.2060, with target prices at $0.3077, $0.3706, $0.4215, and $0.4724.
- Short-term traders: Wait for confirmation before making any moves, with potential entry at $0.14485 - $0.14688 and stop loss at 1-5% or $0.14200.
Market Sentiment: Some analysts predict a potential breakout above the resistance level, which could lead to significant gains.
However, others suggest that BLZ's main structure is bearish, and it may drop from the current price range.
