$PSG USDT
#PSG/USDT showing potential bullish strength.
Primary Support at $3.12, The chart indicates that $3.12 is a crucial support level.
Secondary Support at $2.86: This level represents a previous significant low and can act as strong support if the price declines further.
Primary Resistance at $5.16, This level acts as a near-term resistance. A breakout above this level could signal a potential uptrend continuation.
Secondary Resistance at $6.65, This level represents a more substantial resistance zone that the price needs to overcome to establish a longer-term bullish trend.
The RSI is a momentum indicator. Currently, it indicates an oversold condition around 37.19, suggesting a possible bullish reversal if the price respects the support level.
Increased Volume there's a noticeable increase in volume, which typically signifies growing interest and can precede significant price movements.
The price is currently around $4.03. It recently bounced off the support at $3.12, showing potential bullish strength.
If $4.03 Holds a bounce from this level could see the price test the $5.55 resistance and potentially break higher towards $6.65.
Current Price : $ 4.03
Fear & Greed Index : 74 (Greed)
Sentiment : Bullish
Volatility : 5.73%
Green Days : 15/30 (50%)
50-Day SMA : $ 4.09
200-Day SMA : $ 3.95
14-Day RSI : 37.19
ATH : $ 60.21(-93%)
ATL : $ 2.78
Market Cap : $ 30.58M
Entry price is 3.40 - 3.55
Target price is 5.55
Stop loss price is 3.01
Don’t forget to set stop loss, Always follow your trading plan regarding entry, risk management, and trade management.
Disclaimer: Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy.
DYOR
NOT FINANCIAL ADVICE
