Technical Analysis for $NULS

/USDT:

Current Price: 0.5475 USDT

Trend: Bullish (up +2.03% in 24h)

Support Level: 0.5175 USDT

Resistance Level: 0.5544 USDT

SAR (Stop and Reverse): 0.5175 (Potential trend reversal level)

Volume: Healthy trading volume with 6.20M NULS traded in 24h, indicating active market participation.

Trade Signal:

Trade Type: Long (Buy)

Momentum: Positive (Bullish trend supported by recent price action and volume)

Target Levels:

Target 1: 0.5515 USDT (First resistance)

Target 2: 0.5764 USDT (Upper resistance zone)

Target 3: 0.5794 USDT (Potential extended target)

Trade Setup:

Entry: 0.5475 USDT (current price)

Stop-Loss: 0.5175 USDT (Support/ SAR level)

The current momentum favors a bullish trade with a focus on the next resistance levels for potential price gain. Monitor for a breakout above 0.5515 USDT for a continuation towards higher targets.

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