#Write2Earn #BROCCOLI714USDT
Check out this
Current Market Summary:
• Last Price: 0.03186 USDT
• 24h Change: -9.41%
• 24h Range: 0.02820 (Low) – 0.03589 (High)
• Volume: Very high at 634.67M (indicates active trading)
Technical Indicators (15m chart):
1. Price Action & Support/Resistance:
• Strong bounce from the 0.02820 low.
• Resistance zone: 0.03310 - 0.03390 — this has been tested multiple times and rejected.
• Current price is consolidating around 0.03180, potentially targeting the 0.033 zone again.
2. Moving Averages:
• Price is trying to reclaim the short-term EMA (green line) and heading toward the mid-term MA.
• Still below the 50-period MA, indicating bearish pressure persists unless a breakout happens.
3. MACD:y
• MACD line is crossing above the signal line and histogram turning green — early bullish reversal signal.
• Momentum is picking up after a major drop.
4. Order Book Sentiment:
• Sell pressure > Buy pressure (56.63% ask vs. 43.37% bid)
• Indicates potential for a rejection at resistance unless momentum increases significantly.
Trade Plan Suggestions:
Bullish Scenario:
• Entry: On breakout above 0.03390 with volume.
• Target: 0.03618 – 0.03678
• Stop Loss: Below 0.03120 (below MA and local support)
Like this post if you want more trade breakdowns and real-time levels!
