technical analysis and trade signal for $AST /USDT, along with target levels and trade momentum:
Current Price: $0.1230
24h Change: -7.03%
24h High: $0.1362
24h Low: $0.1217
Technical Indicators:
Trend: The price is in a short-term downtrend as the price has decreased by over 7% in the last 24 hours.
Resistance Levels: $0.1362 (24h High), $0.1400 (next resistance).
Support Levels: $0.1217 (24h Low), $0.1150 (next major support).
RSI: The RSI may be entering the oversold region, suggesting a potential for a price rebound if the support holds.
MACD: The MACD shows signs of bearish momentum, but with the RSI low, a reversal could be on the horizon.
Trade Signal:
Entry Price: Consider entering long positions around $0.122 - $0.123, especially if the price shows signs of consolidation or slight rebound near support levels.
Target Levels (based on current price action):
1. First Target (T1): $0.1300 (short-term resistance level).
2. Second Target (T2): $0.1350 (next resistance zone).
3. Third Target (T3): $0.1400 (major resistance level).
Stop-Loss:
Place stop-loss at $0.1200, just below the recent low, to manage risk in case of further downside movement.
Trade Momentum:
The short-term momentum is currently bearish with the price down around 7% over 24 hours. However, if the price holds around the support at $0.1217 and RSI indicates oversold conditions, there may be an opportunity for a bounce.
Short-Term (15m to 1h): Momentum is negative, with price falling further in the last few hours.
Mid-Term (4h to 1D): The longer-term trend is still showing potential for a recovery if the support holds.
Conclusion: Focus on entering near $0.122 - $0.123 and setting targets at $0.130, $0.135, and $0.140, with a stop-loss around $0.1200. Monitor for a possible short-term reversal due to oversold conditions.
#ATASurgeAnalysis #GMTBurnVote #CryptoETFMania #Crypto2025Trends