BlockchainBaller
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#MELANIA will hits $5 or possibly $7❓That’s exactly what we want but SORRY to say it’s hard to achieve.....$MELANIA /USDT Bullish Breakout or Exhaustion Ahead❓#MELANIA is currently trading at $1.704, up +13.68% over the past 24 hours. The token has seen a 24-hour high of $1.772 and a low of $1.374, showcasing strong bullish momentum after prolonged consolidation.
Key Levels to Watch
Resistance: $1.800 – A breakout above this level could lead to an extended rally.
Support: $1.550 – Holding this level is critical to maintain the upward trajectory.
Trade Setup
Entry Zone: $1.680–$1.720 – Ideal entry range as the token builds momentum.
Stop-Loss: Below $1.540 to mitigate downside risks.
Targets
1. $1.850 (Short-Term)
2. $2.000 (Mid-Term)
3. $2.200 (Extended Target)
Technical Indicators
RSI: At 70.51, indicating overbought conditions, but with room for further gains if momentum sustains.
MACD: Positive crossover, confirming strong buying interest and bullish momentum.
Market Insight
MELANIA has entered a bullish phase after breaking previous resistance levels, signaling strong buyer interest. A break above $1.800 could further solidify the uptrend, while a failure to hold $1.550 support may trigger profit-taking. Traders should monitor volume for breakout confirmation and adjust positions accordingly.
Pro Tip: As RSI is in overbought territory, consider partial profit-taking at initial targets and trailing stop-losses to lock in gains.
#MELANIA
Key Levels to Watch
Resistance: $1.800 – A breakout above this level could lead to an extended rally.
Support: $1.550 – Holding this level is critical to maintain the upward trajectory.
Trade Setup
Entry Zone: $1.680–$1.720 – Ideal entry range as the token builds momentum.
Stop-Loss: Below $1.540 to mitigate downside risks.
Targets
1. $1.850 (Short-Term)
2. $2.000 (Mid-Term)
3. $2.200 (Extended Target)
Technical Indicators
RSI: At 70.51, indicating overbought conditions, but with room for further gains if momentum sustains.
MACD: Positive crossover, confirming strong buying interest and bullish momentum.
Market Insight
MELANIA has entered a bullish phase after breaking previous resistance levels, signaling strong buyer interest. A break above $1.800 could further solidify the uptrend, while a failure to hold $1.550 support may trigger profit-taking. Traders should monitor volume for breakout confirmation and adjust positions accordingly.
Pro Tip: As RSI is in overbought territory, consider partial profit-taking at initial targets and trailing stop-losses to lock in gains.
#MELANIA
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.