$PSG /USDT Trading Signal - Potential Reversal Ahead 💯 🔥 Confirmed
$PSG With Current Price: $3.162
Recent Price Action: A sharp dip from the local resistance at $3.220 to the current level near $3.160. This drop likely reflects profit-taking or reaction to short-term market overextension after a recent rally.
Entry Range: $3.140 - $3.160
Targets:
Target 1: $3.200
Target 2: $3.230
Target 3: $3.260
Stop-Loss: $3.080
Observation:
Sharp Dip: The sudden decline could be attributed to short-term selling pressure near resistance zones and a pullback after failing to sustain momentum above $3.200.
Support Zone: Price is hovering around $3.160, a potential support area from previous sessions. If this holds, a rebound could be expected toward the first target.
Volume Analysis: Monitor trading volume; increased buying interest may confirm a reversal.
Advice: Watch for a bounce at $3.160. Consider securing partial profits near $3.200 while managing stop-loss levels to minimize risk.
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