Trading Signals for SUPER (SuperVerse)
Action: Long Position (Scalping)
Entry Range: $1.03 - $1.06
Stop-Loss (SL): $1.00
Take Profit (TP): $1.09 - $1.21
SuperVerse (SUPER) is showing a retracement of -5.99% over the last 24 hours, with a strong trading volume of $30.32M (+12.88%). This indicates renewed activity and potential volatility, suitable for scalping strategies. The price is near its 24-hour low of $1.02, suggesting a possible consolidation zone between $1.02 and $1.06.
Market cap/TVL ratio of 4674.91 indicates the project has significant speculative interest relative to its locked value, but scalping opportunities could benefit from the increased volume-to-market cap ratio of 5.74%. Scalpers can target short-term price recoveries due to potential buy pressure in this range.
Scalping Strategy
Entry Range: Look for entries around $1.03-$1.06, ideally after a dip to $1.03 with signs of a rebound (e.g., a bounce off a support level or increased buy volume).
Stop-Loss (SL): Tight SL at $1.00 to minimize downside risk in case of further declines.
Take Profit (TP): Exit gradually between $1.09 and $1.21, capitalizing on the projected 3%-15% recovery range.
š„ Trade Now $SUPER
šØ Note: Trade at your own risk. Always DYOR.
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