$C /USDT TECHNICAL ANALYSIS — BULLISH BIAS
Current Price: 0.2630 USDT
24h High: 0.2665 USDT
24h Low: 0.2483 USDT
24h Volume: 28.60M C / 7.33M USDT
KEY LEVELS:
Resistance: 0.2665 USDT, 0.2657 USDT
Support: 0.2520 USDT, 0.2483 USDT
MARKET SENTIMENT:
Price has gained 2.37% in the last 24 hours, showing bullish momentum as it trades near the recent highs. Volume supports the upward move, indicating buying interest around current levels.
TRADE SETUP:
Long Entry: Around 0.2620 USDT
Stop Loss (SL): 0.2500 USDT (below key support)
Take Profit (TP): 0.2700 USDT (next resistance) and 0.2780 USDT (further upside)
RISK MANAGEMENT:
Maintain a tight SL to protect capital against sudden reversals. Limit position size to risk only 1-2% of your total trading capital.
Overall, the setup favors a bullish continuation as the price is showing strength near key resistance levels with good volume support. Watch for any rejection signs near 0.2665 USDT to adjust the trade accordingly.
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