Yi Xi Bullish
--
Bearish
🔥🔥🔥 technical analysis and trade signal for the $QUICK /USDT pair, including three target levels and trade momentum:🔥🔥🔥
Current Price: 0.05048 USDT
24h Price Change: -11.70% (indicating a downtrend)
24h High: 0.05721 USDT
24h Low: 0.05000 USDT
Support Level: 0.05000 USDT
Resistance Level: 0.05721 USDT
SAR Indicator: 0.05264 (indicating potential reversal point)
Momentum: Bearish trend, as shown by the price drop in the last 24 hours and the current bearish price action below the SAR value.
Trade Signal:
Entry Point: 0.05050 USDT (near current price, with a tight stop loss to manage risk)
Stop Loss: 0.04900 USDT (a little below the 24h low)
Targets (Price Levels):
1. Target 1: 0.05200 USDT (near SAR level)
2. Target 2: 0.05400 USDT (mid-range between current price and resistance)
3. Target 3: 0.05700 USDT (closer to the 24h high)
Trade Momentum:
Bearish Pressure: Price is currently under bearish pressure, but if it breaks the SAR level (0.05264), we could see a reversal toward the resistance levels. Keep an eye on price action near 0.05000-0.05200 for signs of a potential reversal.
Market Sentiment: Caution is advised as the price has been falling over the past 24 hours, and volume is still relatively low. Monitor for potential upward momentum near key support (0.05000 USDT).
Trade Plan:
For Bullish Reversal: If the price closes above 0.05200 and shows consistent upward momentum, consider targeting the higher resistance levels (0.05400-0.05700).
For Continuation of Bearish Trend: If the price stays below 0.05000, continue watching for further declines, with potential for a dip below 0.04900.
#BinanceAlphaTop5 #PENGUOpening #USUALSpotPrediction
Current Price: 0.05048 USDT
24h Price Change: -11.70% (indicating a downtrend)
24h High: 0.05721 USDT
24h Low: 0.05000 USDT
Support Level: 0.05000 USDT
Resistance Level: 0.05721 USDT
SAR Indicator: 0.05264 (indicating potential reversal point)
Momentum: Bearish trend, as shown by the price drop in the last 24 hours and the current bearish price action below the SAR value.
Trade Signal:
Entry Point: 0.05050 USDT (near current price, with a tight stop loss to manage risk)
Stop Loss: 0.04900 USDT (a little below the 24h low)
Targets (Price Levels):
1. Target 1: 0.05200 USDT (near SAR level)
2. Target 2: 0.05400 USDT (mid-range between current price and resistance)
3. Target 3: 0.05700 USDT (closer to the 24h high)
Trade Momentum:
Bearish Pressure: Price is currently under bearish pressure, but if it breaks the SAR level (0.05264), we could see a reversal toward the resistance levels. Keep an eye on price action near 0.05000-0.05200 for signs of a potential reversal.
Market Sentiment: Caution is advised as the price has been falling over the past 24 hours, and volume is still relatively low. Monitor for potential upward momentum near key support (0.05000 USDT).
Trade Plan:
For Bullish Reversal: If the price closes above 0.05200 and shows consistent upward momentum, consider targeting the higher resistance levels (0.05400-0.05700).
For Continuation of Bearish Trend: If the price stays below 0.05000, continue watching for further declines, with potential for a dip below 0.04900.
#BinanceAlphaTop5 #PENGUOpening #USUALSpotPrediction
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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