🚀Technical Analysis: $EURI /USDT💸🚀🥳
Current Price: 1.1156 USDT
The EUR1/USDT trading pair shows a tight range between 1.1162 and 1.1146 over the last 24 hours. The current support is pegged at 1.1146, right at the low of the day. Resistance, on the other hand, is seen near the 24-hour high at 1.1162.
Entry Strategy:
- For Long Trades: Consider entering just above the resistance at 1.1162. This could indicate a breakout, aiming for a short-term push higher.
- For Short Trades: A move below the support of 1.1146 could be used as an entry point for a bearish stance, suggesting a potential further dip.
This tight trading range offers a good playground for quick in-and-out trades, keeping an eye on slight breaks above or below the established support and resistance levels. Manage risks tightly, as the narrow margin calls for precise entry and exit points to capitalize on small price movements. Keep your trades sharp and savvy!
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