technical analysis for $LISTA /USDT, along with trade signals and three target levels:
Technical Analysis:
Current Price: $0.6399
Trend Analysis:
The price is currently in a bullish trend, having increased by +21.03% in the last 24 hours.
The price has recently tested the $0.6800 resistance level but faced some selling pressure, as reflected by the 24h low of $0.4669.
The price is above the 50-period moving average, suggesting continued bullish momentum.
Key Support & Resistance Levels:
Support Zone: $0.4669 (recent 24h low)
Resistance Zone: $0.6800 (recent 24h high)
Trade Momentum:
The bullish momentum is evident from the positive price movement and increasing volume.
The market depth data indicates strong buying interest at around $0.6399, with buy orders at 60.7019% of the market depth.
NCE (Net Change in Equities) is at 13.9873%, indicating a strong market momentum in favor of the buyers.
Trade Signals & Target Levels:
1. Buy Signal:
Entry Price: $0.6399 (current price)
If the price maintains the bullish trend, a breakout above $0.6800 could signal further upward momentum.
2. Target Levels (🎯):
Target 1: $0.7000 (First resistance level above $0.6800)
Target 2: $0.7500 (Next psychological resistance zone)
Target 3: $0.8000 (Key round number resistance)
3. Stop Loss:
Set at $0.4669 (below the recent low) to protect against major downturns.
Trade Momentum Indicators:
RSI (Relative Strength Index): Currently in the neutral to bullish zone (55-70 range). Watch for overbought levels if the price approaches $0.8000.
MACD (Moving Average Convergence Divergence): Bullish crossover on the MACD chart supports a strong buying signal.