Awais_Nazir
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$PSG is showing strong momentum with a current price of 1.821 USDT, up 14.03% and listed as a Top Token Gainer. Here’s a detailed analysis and swing trade setup.
• Price Action: Rose from 1.516 to 1.821. 24-hour range is 1.590 (low) to 1.949 (high).
• Moving Averages: MA(7) at 1.705, MA(25) at 1.607, MA(99) at 1.617 - indicating a bullish trend.
• Support: 1.590 (24h low) and 1.607 (MA25).
• Resistance: 1.949 (24h high).
• Volume: 5.01M PSG and 8.87M USDT, with recent volume at 637,449.11, supporting the uptrend.
• Trend: Short-term breakout, though 30-day (-15.42%) and 180-day (-31.54%) performance suggest a longer-term downtrend.
• Entry: 1.821 now, or 1.800-1.807 on a pullback.
• Stop Loss: Below 1.590 (12-15% risk).
• Take Profit:
• TP1: 1.949 (~7% gain)
• TP2: 2.000 (~10% gain)
• TP3: 2.100 (~15% gain)
• Hold: 3-7 days, monitoring RSI and volume.
• Exit: If price falls below 1.607 or volume decreases significantly.
Risk-Reward: Aim for at least 1:2. Trade cautiously and stay updated.
• Price Action: Rose from 1.516 to 1.821. 24-hour range is 1.590 (low) to 1.949 (high).
• Moving Averages: MA(7) at 1.705, MA(25) at 1.607, MA(99) at 1.617 - indicating a bullish trend.
• Support: 1.590 (24h low) and 1.607 (MA25).
• Resistance: 1.949 (24h high).
• Volume: 5.01M PSG and 8.87M USDT, with recent volume at 637,449.11, supporting the uptrend.
• Trend: Short-term breakout, though 30-day (-15.42%) and 180-day (-31.54%) performance suggest a longer-term downtrend.
• Entry: 1.821 now, or 1.800-1.807 on a pullback.
• Stop Loss: Below 1.590 (12-15% risk).
• Take Profit:
• TP1: 1.949 (~7% gain)
• TP2: 2.000 (~10% gain)
• TP3: 2.100 (~15% gain)
• Hold: 3-7 days, monitoring RSI and volume.
• Exit: If price falls below 1.607 or volume decreases significantly.
Risk-Reward: Aim for at least 1:2. Trade cautiously and stay updated.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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