$PARTI Technical Analysis PARTI/USDT (1H) – Signs of Recovery or Just a Technical Bounce?
Currently, the price of PARTI/USDT is trading around 0.3450 USDT, down -2.46% in the past 24 hours. The short-term trend still leans towards a decline, but there are signs of accumulation and potential recovery if conditions are right.
Observations from technical indicators:
• Bollinger Bands: The price has just touched near the lower band and is showing slight rebound reactions. This is often a sign of buying pressure emerging, but further confirmation is needed.
• MACD: The gap with the signal line is narrowing. If the MACD continues to rise and crosses above the signal line, a recovery can be expected.
• RSI: Currently fluctuating around the neutral zone, if it breaks above the 50 threshold, the upward momentum will be clearer.
• Trading Volume: The trading volume remains stable but has not experienced a breakout. If the volume increases along with strong green candles, the recovery chances will be higher.
Suggested trading strategy:
📌 Conditions to buy:
• Price holds above 0.3400 - 0.3450
• MACD crosses above the signal line
• RSI breaks above 50
• Volume increases during the rebounds
📌 Actions:
• Entry point: Wait for the price to test the support at 0.3400 - 0.3450; if it holds, a buy order can be placed.
• Target: 0.3550 - 0.3600 (near resistance zone)
• Stop-loss: Below 0.3250 if the price breaks the support and selling volume increases significantly.
Conclusion:
PARTI/USDT shows signs of recovery but is not yet clearly defined. Investors should further observe the combination of MACD, RSI, and Volume before deciding to enter a trade. If a green candle appears with high volume at the support level, the buying opportunity will be clearer.