$LAZIO /USDT – Recovering After Dip, Testing Resistance
$LAZIO is currently trading at $1.099, showing a recovery after a recent dip from its 24-hour high of $1.112. The price is now testing the resistance level around the $1.10 mark. A break above this could signal further upside.
Trade Setup (Watching Resistance):
Potential Support Zone: $1.085 - $1.090
Key Resistance: $1.100 - $1.115
Bullish Scenario:
Entry (Long): Break above $1.115 with increasing volume
Target 1: $1.130
Target 2: $1.150+
Stop Loss (Long): Below $1.080
Bearish Scenario:
Entry (Short): Rejection at $1.110 with strong selling volume, break below $1.085
Target 1: $1.070
Target 2: $1.055
Stop Loss (Short): Above $1.120
LAZIO/USDT is showing signs of recovery after a recent pullback. Keep a close eye on the $1.10 - $1.115 resistance zone. A strong break above this level could lead to a retest of the previous high. Conversely, a rejection here could lead to further downside. Monitor volume for confirmation of either scenario.
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