$PSG
30 ๐บ๐ถ๐ป๐๐๐ฒ๐ ๐๐ต๐ผ๐ฟ๐ ๐๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ถ๐ด๐ป๐ฎ๐น๐ฆ๐
Current Price*: 2.49
*Next Move in 30 Minutes*: PSG/USDT appears to be in a consolidation phase. A breakout above2.50 would likely lead to a retest of the 24h high at 2.59, while a failure to hold above2.45 may see a retracement back toward the 2.40 support.
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*Support*:2.45
*Resistance*: 2.59
*Market Insight*: The price has been trending upward, showing bullish sentiment with the 7-period moving average (MA) above the 25-period MA. However, it's facing resistance near2.59. A sustained break above this level may lead to further upside, but caution is needed if the price struggles to break resistance.
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*Bullish Setup*:
- *Entry Zone*: 2.45 -2.50 (on slight pullback)
- *Confirmation*: Break above 2.50 with high volume
- *TP1*:2.55
- *TP2*: 2.60
- *TP3*:2.65
- *Stop Loss*: Below 2.40
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*Bearish Setup*:
- *Entry Zone*:2.50 - 2.55 (if rejection at resistance)
- *TP1*:2.45
- *TP2*: 2.40
- *TP3*:2.35
- *Stop Loss*: Above 2.60
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*Maximum Profit or Loss*:
- *Max Profit (Bullish)*: 6-7
- *Max Loss (Bearish)*: 4-5โ
*Pro Tip*: Pay attention to the volume around key levels. If the price breaks above2.50 with strong buying volume, it is more likely to test the next resistance at 2.59. Conversely, rejection near2.55 could signal a pullback.
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*Advice*๐: The market shows bullish momentum, but it's crucial to wait for confirmation with a solid breakout above $2.50 for a safer entry. Always manage risk with tight stop-loss orders just below the nearest support.