$KMD
/USDT Technical Analysis:đ„đŻ
Current Price: $0.3393
24h Price Change: +6.56%, indicating a strong bullish momentum.
24h High: $0.3458 | 24h Low: $0.3181
Technical Indicators:
RSI: Currently showing strength, suggesting bullish pressure with potential for overbought levels if price continues upward.
MACD: Indicates a bullish crossover, supporting the current upward trend.
Moving Averages: Price above key moving averages (50 and 200-day), signaling an overall bullish trend.
Trade Signal:
Entry: Consider entering at around $0.3380 - $0.3400 to capitalize on momentum.
Target Levels:
1. First Target (T1): $0.3450 (next strong resistance area)
2. Second Target (T2): $0.3500 (psychological level & resistance)
3. Third Target (T3): $0.3600 (further upside potential, close to recent highs)
Trade Momentum: Bullish momentum is strong, but caution is advised in case the price approaches overbought conditions. If the price shows signs of resistance or retracement near the targets, consider locking profits or setting stop losses just below $0.3350.
Stop Loss (Suggested): Around $0.3270 for risk management if price action reverses unexpectedly.