$PSG Trading Signal – Testing Key Support Levels!
$PSG Fan Token is under pressure, currently trading at $2.198, reflecting a 7.49% decline over the last 24 hours. The price has broken below the critical FVP zone around $2.230-$2.250, indicating bearish momentum.
Entry Zone:
$2.180 - $2.200 (If the price stabilizes near this range)
Targets:
TP1: $2.250
TP2: $2.300
Stop Loss:
$2.140 (Below recent lows to manage downside risk)
Market Insight:
The token is testing its lower boundaries after a strong bearish move. If bulls can reclaim the FVP zone and hold above $2.200, we could see a recovery towards the $2.250-$2.300 range. Failure to maintain this support may lead to further declines, with $2.140 being a key level to watch.
Observation:
Volume spikes suggest increased selling pressure, but a quick recovery within the FVP zone could hint at a bullish reversal. Traders should monitor price action closely.
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