$MBOX /USDT Trading Strategy
Market Insight
$MBOX has shown a mild upward movement of +2.42%, currently trading at $0.0592. Price is hovering near the middle Bollinger Band (MB: 0.0595) and below the upper band (UP: 0.0645), indicating moderate buying interest but with strong overhead resistance.
Entry
Suggested Buy Range: $0.0565 ā $0.0590
(Near the Bollinger midline and lower band, ideal for safer entries)
Targets
šÆ Target 1: $0.0625 ā minor resistance level
šÆ Target 2: $0.0664 ā next resistance zone from recent high cluster
šÆ Target 3: $0.0700 ā major breakout level
Stop Loss
Suggested SL: $0.0533
(Below recent local support and lower Bollinger Band)
Key Levels
Support: $0.0563 / $0.0533 / $0.0521
Resistance: $0.0629 / $0.0664 / $0.0700
Pivot Zone: $0.0595 (Bollinger Middle Band)
Pro Tip
Watch for volume spikes near $0.0625 ā a strong breakout with volume could quickly push price toward $0.0700. Avoid chasing entries above $0.0600 unless backed by momentum and confirmed breakout candles.
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