BALLZ

$BAL /USDT Market Overview & Trade Setup

Trade Setup – Neutral/Bullish Bias

📌 Entry Price: $1.396 - $1.406
🎯 Target 1: $1.417
🎯 Target 2: $1.439
🎯 Target 3: $1.460 - $1.477
🛑 Stop Loss: $1.374

Market Sentiment Analysis

MA(7) at $1.406 & MA(25) at $1.428 suggest price is consolidating below resistance.

MA(99) at $1.426 shows a strong resistance level near $1.428.

If price fails to break above $1.417, a retracement to $1.379 - $1.374 is possible.

Trading Strategy

1️⃣ For Long Position:

Buy near $1.396 - $1.406 if price stabilizes.

If price breaks $1.417, next targets are $1.439 - $1.477.

2️⃣ For Short Position:

If price fails to break $1.417, short from $1.406 - $1.417.

Downside targets: $1.396, $1.379, and $1.374.

Risk Management Tip:

Avoid long entries if price struggles below $1.406.

A break below $1.374 could lead to further downside momentum.#BaleiasdasCriptos #BAL/USDT #BALLZ #Write2Earn #Balckrock