$PARTI /USDT shows signs of reversal with bullish momentum

$PARTI /USDT is trading at $0.2400, up 6.43% in the last 24 hours after bouncing off the 24-hour low of $0.2247. The price is attempting to push higher after hitting a resistance level near $0.2420, indicating potential bullish continuation.

Key Market Data

Current Price: $0.2400

24H High: $0.2754

24H Low: $0.2247

24H Volume: 101.80M PARTI / 25.39M USDT

Support and Resistance Levels

Support Levels:

$0.2330 – Initial support

$0.2298 – Stronger base

Resistance Levels:

$0.2420 – First resistance to break

$0.2500 – Stronger resistance

Trade Setup and Targets

Entry Zone: $0.2380 – $0.2405 for accumulation

Target Points:

TP1: $0.2420 – Initial breakout zone

TP2: $0.2500 – Stronger bullish target

TP3: $0.2600 – Extended target for momentum

Stop Loss: $0.2290 to mitigate downside risk

Market Sentiment and Indicators

STOCH RSI at 67.93 and MASTOCH RSI at 73.46 show approaching overbought conditions but with space for another push upward.

Buy and sell pressure are balanced, with 49.91% buy and 50.09% sell, suggesting a potential breakout pending confirmation.

Pro Tip

Wait for a 15-minute candle close above $0.2420 to confirm bullish strength. If volume picks up after crossing this level, a move toward $0.2500 is likely.

PARTI/USDT appears poised for a bullish breakout after a period of consolidation. Keep an eye on key resistance zones to ride the momentum upward.