$SNX
/USDT Technical Analysis and Trade Signal🎯🎯💯💯
Current Price: $2.17
Trend: Bullish (upward momentum, +8.14% in 24 hours)
Technical Indicators:
1. RSI (Relative Strength Index): Slightly above 60, indicating potential for continued bullish momentum but approaching overbought territory.
2. MACD: Positive crossover, confirming bullish short-term momentum.
3. Support Level: $1.96 (strong support at 24h low)
4. Resistance Level: $2.22 (recent high)
Trade Signal:
Buy Signal: Enter the trade at current price levels around $2.17.
Stop Loss: Set stop loss at $2.00 to limit potential downside risk.
Target Levels 🎯:
1. Target 1: $2.28 – Key resistance level near recent highs.
2. Target 2: $2.35 – Extended bullish momentum.
3. Target 3: $2.50 – A higher target if upward momentum strengthens.
Trade Momentum:
The market shows strong bullish momentum with recent price action and technical indicators suggesting a continuation of the uptrend. Watch out for any price correction near $2.00 for potential entry points in the short term.
Keep an eye on any major market news or changes in sentiment, as these could influence the trade.
#BinanceAlphaAlert #MarketRebound #MicroStrategyInNasdaq100 #CorePCESignalsShift