$POWR
/USDT Technical Analysis and Trade Signal💯🚀
Current Price: 0.2862 USDT
Price Trend: Bullish (+2.36% in the last 24 hours)
24h High: 0.2883 USDT | 24h Low: 0.2765 USDT
Technical Indicators:
1. Support Level: 0.2765 USDT (recent low)
2. Resistance Level: 0.2883 USDT (recent high)
3. RSI: Around 60, indicating moderate bullish momentum but not overbought.
4. MACD: Positive, with the short-term moving average above the long-term moving average, confirming an uptrend.
5. Volume: Strong 24h volume (13.90M POWR), supporting the bullish price movement.
Trade Signal:
Trend: Bullish
Entry Point: Buy around 0.2850 USDT or above.
Target Levels:
Target 1: 0.2900 USDT (near recent high)
Target 2: 0.2950 USDT (next resistance zone)
Target 3: 0.3000 USDT (psychological resistance)
Stop Loss: 0.2765 USDT (just below 24h low)
Trade Momentum: The market is showing strong bullish momentum with increasing price action and favorable technical indicators (RSI, MACD, and volume). Traders should watch for a potential breakout above 0.2883 USDT for further bullish moves.
This analysis suggests a good entry for short-term trades, with momentum favoring the upside. Keep an eye on volume and RSI to avoid overbought conditions.
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