📊 Technical Analysis Summary
Current Price: 163.83
Support Level: 155.83 (recent low)
Resistance Levels: 164.46 → 179.25 → 194.04
Bollinger Bands: Price is near the lower band (possible oversold zone).
RSI (6): ~29.98 → Oversold region (possible bounce expected).
Trend: Recently in a downtrend but showing early signs of support hold.
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📈 Spot Buying Setup
Entry Zone (Buy):
First Buy: 162 – 160 USDT
Second Buy (if dips): 156 – 155 USDT (near strong support)
Target Zones (Take Profit):
1. Target 1: 164.5 USDT (short-term bounce)
2. Target 2: 179 USDT (middle Bollinger band)
3. Target 3: 194 USDT (major resistance)
Stop Loss:
Below 154.5 USDT (if price closes below this on daily chart)
Risk Management:
Use 2–3 entries to average in.
Risk no more than 2–3% of total capital per trade.
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💡 Reasoning:
RSI is oversold → potential short-term bounce.
Price is near strong support at 155.83.