$PSG /USDT TECHNICAL ANALYSIS — MODEST BULLISH UPSIDE
Current Price: 1.973 USDT
24h High: 2.205
24h Low: 1.851
Key Levels:
Support: 1.95 (close to EMA25 at 1.956 and EMA99 at 1.942)
Resistance: 2.20 - 2.21 (recent 24h high)
EMA Levels:
EMA7: 1.976 (price just below EMA7, watch for short-term resistance)
EMA25: 1.956 (solid support)
EMA99: 1.942 (long-term support)
Technical Summary:
Price is near EMA7 and above EMA25 and EMA99, showing a mild bullish bias but some short-term resistance at EMA7.
Volume is moderate with 6.63M PSG and 13.39M USDT traded, indicating reasonable liquidity but no explosive activity.
Recent gain of +3.73% suggests a steady upward move but not strong momentum yet.
Momentum indicators (like MACD) may show gradual bullishness.
Trade Setup:
Long Entry: Around current price 1.97 or on minor pullback near 1.95 support zone
Stop Loss: Below 1.92 (below EMA99)
Take Profit Targets:
TP1: 2.20 (recent high resistance)
TP2: 2.30 (next potential resistance level)
Risk Management:
Risk 1-2% of capital per trade.
Use stop loss to protect against unexpected dips.
Consider scaling out partial profits at TP1.
Summary:
$PSG /USDT shows a cautious bullish trend with price hovering near key EMAs. A conservative long trade with tight risk management is advised while watching for a breakout above 2.20 for stronger momentum.
Want a similar analysis on other fan tokens or anything else?
#CryptoIn401k #ETH4500Next? #BTCReclaims120K #Bitlayer #USFedBTCReserve $PSG