💥$VOXEL /USDT Eyeing Resistance After +5.49% Surge!🔥

🌟Current Price: 0.0807 USDT (+5.49%)

🌟24-Hour High: 0.0841 USDT (Resistance Zone)

🌟24-Hour Low: 0.0723 USDT (Support Level)

Trading Volume (24H):

🌟VOXEL: 111.99M

🌟USDT: 8.76M

#VOXEL exhibits bullish movement, with the price nearing its 24-hour high amidst heightened trading activity.

⚡Technical Indicators 🔍

1. Bollinger Bands: Expanding—suggestive of increased volatility and breakout potential.

2. RSI: Likely approaching overbought territory; cautious entries advised near resistance.

3. MACD: Reflects robust bullish momentum—ensure volume validations before taking action.

4. Support/Resistance Zones: Key support level at 0.0723 USDT, resistance at 0.0841 USDT.

⚡Trading Setup 📝

🎖️Bullish Scenario

Type: Breakout Play

👉Entry Point: Above 0.0810 USDT (validated by strong volume)

👇Take-Profit Targets:

🎯TP1 (1:1): 0.0830 USDT

🎯TP2 (1:2): 0.0840 USDT

💢Stop Loss: Below 0.0795 USDT

🎖️Bearish Scenario

Type: Pullback Trade

👉Entry Point: Below 0.0795 USDT (confirmed rejection at resistance)

👇Take-Profit Targets:

🎯TP1 (1:1): 0.0775 USDT

🎯TP2 (1:2): 0.0765 USDT

💢Stop Loss: Above 0.0810 USDT

⚡Risk Management Strategy ⚠️

For Bullish Setup, adjust Stop Loss to Breakeven after hitting TP1 (0.0830 USDT) and book partial profits (around 50%)

Similarly, for Bearish Setup, lock in gains by moving Stop Loss to Entry upon achieving TP1 (0.0775 USDT)

⚡Key Observations ✍️

1. Validate breakout or pullback moves with volume trends to avoid false signals.

2. Monitor the 0.0841 USDT resistance zone closely, as its breach could unlock extended bullish momentum.

3. Stick to disciplined entries and exits amidst prevailing market volatility.

Buy Or Trade With Me On $VOXEL