HIGHUSDT Perpetual Futures Trading Signal$HIGH

Price Info:

- Current Price: $5.47 (-34.25%)

- Mark Price: $5.4798

Technical Indicators:

- Bollinger Bands (21, 2):

- Upper Band: 6.2271

- Middle Band: 3.0155

- Lower Band: 0.1961

- Relative Strength Index (RSI) (6): 59.4214

- Stochastic Oscillator:

- %K: 72.7373

- %D: 77.6759

- %J: 62.8601

Moving Averages:

- MA(5): 165,893,455.3399

- MA(10): 199,807,077.0499

Volume:

- 24h Low: $5.4000

- 24h Volume: 154.34M USDT

- Total Volume: 1.05B USDT

Market News

- Volatility: 329,273,284.1999

- Depth Analysis: Shows significant market movement.

Candlestick Analysis:

- The current trend suggests a bearish movement with a significant drop in price.

- Bollinger Bands indicate high volatility with prices moving towards the lower band.

- RSI shows the market is not overbought or oversold.

- Stochastic Oscillator suggests potential reversal signals.

SMC Analysis:

- Long Entry: Consider entering around $5.038 or $5.212 if support is confirmed. Look for a rebound signal from the lower Bollinger Band.

- Short Entry: Watch for potential resistance near $6.22 for short positions. Monitor the upper Bollinger Band for reversal signals.

Fundamental News:

- Market sentiment remains volatile due to recent news and macroeconomic factors. Stay updated with the latest developments as they can impact price movement significantly.

Trading Signal:

- Long Entry: Enter at $5.038 or $5.212 with a target of $6.00. Set a stop loss at $4.90.

- Short Entry: Enter at $6.20 with a target of $5.00. Set a stop loss at $6.50.

Disclaimer: This is not financial advice. Always do your own research before making any trading decisions.

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