$LISTA shows a downward movement, with a significant price drop from $0.7151 on June 30th to $0.5738 on July 4th.
Key Support Levels:
Immediate Support: $0.5600
Next Support Levels: $0.5500, $0.5400
Key Resistance Levels:
Immediate Resistance: $0.6241
Subsequent Resistance Levels: $0.6400, $0.6600
Scenario Analysis
If Immediate Support Level is Broken:
Potential Next Targets: $0.5500, $0.5400
Implications: Breaking below $0.5600 could lead to further declines, testing the next support levels.
If Price Stabilizes at Immediate Support Level:
Potential Buy Opportunities: Around $0.5600
Target Resistance Levels: $0.6241, $0.6400
Trading Strategy and Recommendations
Short-Term Strategy:
Suggested Entry Levels: Around $0.5600 if signs of stabilization appear.
Suggested Exit Levels: Around $0.6241 to $0.6400.
Risk Management:
Suggested Stop-Loss Levels: Below $0.5500 to minimize losses if the support level fails.
Position Sizing: Adjust based on risk tolerance and market volatility.
#SOFR_Spike #US_Job_Market_Slowdown #timetobuy #MtGoxJulyRepayments