$PROS /USDT Market Analysis & Trading Strategy
Key Support & Resistance Levels
📌 Resistance Levels:
$0.4698 - $0.4718 → MA(25) resistance, short-term barrier.
$0.4929 - $0.5045 → Strong resistance zone before recent high.
$0.5144 - $0.5162 → 24h high & breakout zone.
📌 Support Levels:
$0.4620 - $0.4608 → Current support zone, MA(7) below.
$0.4581 - $0.4479 → Strong support, near 24h low.
Technical Indicators & Market Trend
✔ Moving Averages:
MA(7) = $0.4686 (short-term support).
MA(25) = $0.4718 (resistance zone).
MA(99) = $0.4704 (long-term neutral).
✔ Volume Analysis:
High 24h trading volume indicates active market movement.
If price holds above $0.4620, possible retest of $0.4718+ levels.
Trade Strategies – Bullish & Bearish Scenarios
📈 Bullish Trade Setup: (If price stays above support)
Entry: $0.4620 - $0.4650 (on pullback)
Target 1: $0.4698 - $0.4718 (MA resistance)
Target 2: $0.4929 - $0.5045 (higher resistance zone)
Target 3: $0.5144 - $0.5162 (24h high breakout)
Stop Loss: Below $0.4581
📉 Bearish Trade Setup: (If price drops below support)
Entry: $0.4608 - $0.4581 (if rejection occurs)
Target 1: $0.4520 (support retest)
Target 2: $0.4479 (24h low)
Target 3: $0.4400 (trend reversal zone)
Stop Loss: Above $0.4718
Market Sentiment & Risk Management
✔ Bullish Above: $0.4620 - $0.4718 (uptrend potential).
✔ Bearish Below: $0.4581 - $0.4479 (downtrend confirmation).
✔ Neutral Zone: $0.4608 - $0.4698 (waiting for breakout).
Would you like additional insights using RSI, MACD, or Fibonacci levels?#pros/usdt #ProShares #ProSignals #Write2Earn #Write2Earn!