$PDA /USDT Trading Setup
Bullish Setup
1. Entry Zone: $0.0475 - $0.0480 (near current consolidation zone).
2. Targets:
Target 1: $0.0495 (recent high breakout level).
Target 2: $0.0510 (psychological resistance).
Target 3: $0.0525 (extended target for strong momentum).
3. Stop Loss: $0.0465 (below key support).
Observation:
A breakout above $0.0490 with volume could trigger a continuation of the bullish trend.
Bearish Setup
1. Entry Zone: $0.0485 - $0.0490 (if rejection occurs near resistance).
2. Targets:
Target 1: $0.0470 (immediate support zone).
Target 2: $0.0460 (key demand zone).
Target 3: $0.0445 (extended bearish target).
3. Stop Loss: $0.0495 (above resistance).
Observation:
If the price fails to break above $0.0490, it could indicate a reversal toward support levels.
Risk Management:
Use appropriate position sizing based on your risk tolerance.
Watch for confirmation through price action and volume.