$ID $ID
Professional Analysis of $ID
/USDT Chart
Support and Resistance Levels
- **Support Levels:**
- **$0.4236:** Recent support level close to the recent low.
- **$0.3948:** Another significant support level indicated by previous price action.
- **$0.3700:** Strong support marking a recent low.
- **Resistance Levels:**
- **$0.4484:** Recent 24-hour high, acting as immediate resistance.
- **$0.4524:** A higher resistance level marking a previous peak.
#### Entry Signal
- **Entry Point:** Consider entering a long position if the price breaks above the $0.4484 resistance level with strong volume.
- **Stop Loss:** Place a stop loss just below the $0.4236 support level to minimize potential losses.
- **Take Profit Levels:**
- **First Take Profit:** $0.4524, the next resistance level.
- **Second Take Profit:** $0.4700, a higher target based on previous price action and potential upward momentum.
### Summary
- **Current Price:** $0.4474
- **24h High:** $0.4484
- **24h Low:** $0.4167
- **Moving Averages:**
- **MA(7):** Visible on the chart, indicating short-term trend.
- **MA(25):** Mid-term trend indicator.
- **MA(99):** Long-term trend indicator.
- **Volume:** Displays trading activity over the 24-hour period.
The chart suggests a bullish trend with potential for upward momentum. Strategic entry, stop loss, and take profit points are identified to manage risk and capitalize on potential gains.
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