$PARTI /USDT Market Analysis and Trading Set-up :-
Current Price: 0.3306 (closer to 24h low of 0.3024 than high of 0.4024).
Sentiment: Bearish, but with signs of potential short-term stabilization.
Technical Observations:
1. Price Action:
Trading near 24h lows, indicating persistent selling pressure.
Below Parabolic SAR (0.3280), confirming short-term downtrend.
2. Volume:
Current Vol (1.03M) < MA(5) (1.64M) and MA(10) (2.27M), signaling reduced momentum.
3. MACD:
DIF (-0.0102) below DEA (-0.0112), but histogram turned positive (+0.0010).
Suggests bearish momentum may be weakening; watch for bullish crossover.
4. SAR: Dots above price reinforce bearish bias.
Trading Setups:
Spot Trading:
Entry (Long): Wait for SAR reversal (price closing above 0.3280) and MACD crossover (DIF > DEA). Target: 0.35–0.37. Stop-loss: Below 0.3024.
Avoid buying until bullish confirmation.
Futures:
Short (Bearish Continuation):
Entry: Near 0.3280 (SAR resistance).
Target: 0.3024 (24h low). Stop-loss: Above 0.3380.
Long (Reversal Play):
Trigger: Break above SAR (0.3280) + MACD crossover.
Target: 0.35–0.37. Stop-loss: Below 0.3200.
Key Levels:
Resistance: 0.3280 (SAR), 0.4024 (24h high).
Support: 0.3024 (24h low).
Risk Note: Dominant trend remains bearish. Trade shorts with tight stops; longs require strict confirmation.
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