Technical Analysis on 1000Sats

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$1000SATS is again closing toward its strong #SupportZone at 0.0003100. It continues to lose its value from the last 3 hours. Even $BTC Break it's resistance at 55k.

The Current Price is at $0.0003102. while forming a Resistance level at $0.0003260.

The current support is at $0.0003082. If you are going for #longtrade enter above $0.0003260 with targets at $0.0003387, $0.0003450. Set a stop loss at $0.0003082

If you're going for #ShortTrade then enter below $0.0003082 with targets at $0.0003000, $0.0002900. Set a stop loss at $0.0003260.

The price of $1000SATS is currently showing #bearishmomentum , having dipped to $0.0003102 after a sharp decline from the recent high of $0.0003260. If it breaks the support level, further #downwardmovement can be expected, while a reversal above resistance could signal a potential upward trend.

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$1000SATS