📊 FDUSD/USDT Technical Analysis:
1. Support and Resistance Levels:
- Support: The price has consistently held above the 1.2452 level, indicating strong support.
- Resistance: The current price is approaching a resistance level. Watch for potential reversals.
2. Entry Strategy:
Look for confirmation signals near resistance (e.g., bearish candlestick patterns).
Consider short positions if a reversal occurs.
3. Recent Trends:
Minimal volatility with a consistent -0.02% change over various time frames. - Moving averages suggest a strong buy trend.
:Remember to allow some leeway in your trading decisions. 🚀
:Feel free to ask if you need further details! 😊
