$PSG /USDT – BEARISH OUTLOOK
PSG Fan Token is showing weakness after failing to hold above $1.80. Current price is around $1.778, down 1.66% in the last 24h.
🔹 Key Support Levels:
$1.76 – Immediate support, if broken could lead to further downside.
$1.75 – Strong support zone from previous lows.
🔹 Key Resistance Levels:
$1.80 – Short-term resistance (psychological level).
$1.83 – 24h high and major breakout point.
Trade Setup (Short)
Entry: $1.778 – $1.80
Targets (TP):
1. $1.76
2. $1.75
Stop Loss (SL): $1.83
Indicators:
Price trading below EMA – bearish momentum.
MACD showing weakness.
Low volume, suggesting no strong buying pressure.
⚠ Risk Management:
Use 2-3% of capital per trade, and always set SL to protect funds. Avoid over-leveraging.
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