$PSG /USDT: Bullish Breakout Loading (+5.83%) Targeting $1.85
PSG is showing early signs of momentum with volume increasing into resistance. A breakout could trigger sharp upside due to its low-float nature.
Entry Strategy (Low-Float Momentum Play)
Aggressive Entry: $1.70–$1.72 (break of 24h high with volume confirmation)
Conservative Entry: $1.65–$1.68 (pullback to 4H EMA20 support)
Profit Targets
T1: $1.75 (near-term resistance)
T2: $1.80 (next liquidity level)
T3: $1.85 (measured move target)
Stop Loss
$1.62 (below key structural support)
Why PSG Looks Bullish
+5.83% daily gain on $1.67M volume
Testing critical resistance zone at $1.74
Low float = high volatility and potential for quick moves
Trade Plan
Momentum Traders: Monitor break above $1.72; use tight stop-loss
Swing Traders: Consider scaling in between $1.65–$1.68 for optimal risk/reward
Key Risks
Thin liquidity — use limit orders to reduce slippage
Max risk allocation: 1% of portfolio due to volatility
Next Potential Moves
Hold above $1.70 could drive rally toward $1.75–$1.85
Break below $1.65 may trigger retest of $1.60–$1.58 range
Trade here 👉🏻 $PSG