$MBOX /USDT Trading Strategy
š Market Insight:
$MBOX is showing signs of recovery with a +5.91% gain, bouncing off its lower Bollinger Band. The price is currently testing resistance after a dip to $0.0563. Momentum is mildly bullish, but caution is warranted near key resistance levels.
š¢ Entry:
Buy Zone: $0.0580 ā $0.0605
(Ideally on a slight retracement toward mid-Bollinger Band)
šÆ Targets:
Target 1: $0.0645 (Upper Bollinger Band)
Target 2: $0.0665 (Minor resistance)
Target 3: $0.0690 ā $0.0700 (Major resistance area)
š Stop Loss:
Stop: $0.0540 (Below lower Bollinger Band and recent support)
š Key Levels:
Support: $0.0563 / $0.0540
Resistance: $0.0645 / $0.0665 / $0.0692
Pivot (MB): $0.0595
š” Pro Tip:
Watch for a volume breakout above $0.0645 ā it may trigger momentum toward $0.070+. If price consolidates tightly above the middle Bollinger Band (~$0.0595), it may signal strength for another leg up.
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