$PSG /USDT 4H Trade Setup
Market Insight:
$PSG token is showing bullish momentum with a +4.85% gain, currently trading at $1.77. The recent price action indicates strength, supported by volume of 2.27M PSG and $4.05M USDT. The price is close to the 24h high of $1.885, suggesting potential for continuation if it breaks key resistance.
Entry Zone:
Ideal buy range: $1.70 – $1.75
(Prefer to enter near recent support to minimize risk)
Targets:
Target 1: $1.80 (near minor resistance)
Target 2: $1.85 (previous swing high)
Target 3: $1.89 – $1.90 (24h high area)
Stop Loss:
Below $1.65 (below recent support zone and MA levels)
Key Levels:
Support: $1.66, $1.65
Resistance: $1.80, $1.85, $1.89
Moving Averages (MA):
MA(5): ~43,049 volume (short term volume trend)
MA(10): ~126,324 volume (longer term volume trend) — note current volume is below this, watch for volume confirmation
Volume Notes:
Current volume on PSG token is moderate, around 11,700 in the latest candle
Watch for volume pickup on breakouts to validate moves
Pro Tip:
Wait for a confirmation candle above $1.78-$1.80 with increasing volume before entering long to reduce false break risk. Keep stop tight below $1.65 for risk control.
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