$PSG - 💡Professional Tip: Watch for a strong close above 1.680 to confirm the continuation of the bullish trend. Ideal for short-term scalping with defined risks.
Warning of a bullish breakout
Price $PSG has strongly rebounded from the support level of 1.640 and is now heading towards resistance. A new green candle with momentum on the hourly chart indicates the possibility of further breakout. If the bulls maintain this move, there will be a clear rise towards higher resistance levels.
Support and Resistance
• Resistance: 1.701
• Support: 1.640
🔸Trading Setup
• Entry Zone: 1.660 - 1.680
• Stop Loss: 1.639
First Profit Target: 1.700
Second Profit Target: 1.735
Third Profit Target: 1.770
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