$NULS
/USDT Technical Analysis & Trade Signal🔥💯
Price Action Overview:
Current Price: $0.4245 (+4.84% in the last 24 hours)
24h High: 0.4247
24h Low: 0.3949
Support & Resistance:
Support Level: 0.3959 (recent low)
Resistance Level: 0.4261 (recent high)
Trend Analysis:
The price shows a bullish momentum, with a steady uptrend observed since the low of 0.3949.
The recent price action is bouncing close to 0.4250, indicating potential upward movement if momentum continues.
Trade Signal (Buy Entry)
Entry: Buy at $0.4245
Stop-Loss: $0.3950 (below the recent low)
Take-Profit Targets:
Target 1: $0.4330 (initial resistance level)
Target 2: $0.4400 (next key resistance zone)
Target 3: $0.4500 (further upward momentum level)
Trade Momentum:
Momentum: Positive, as reflected by the strong +4.84% daily gain and price staying above key moving averages.
Volume: Consider a strong volume spike (794,653.56 USDT) backing the upward movement.
Recommendation: Watch for further confirmation of bullish action. If the price closes above 0.4261, it could confirm further upside toward 0.4400 or beyond.