I have 924 USDT available for spot trading. What coin do you advice I buy, please? I don’t want long term holding if possible, and not #ADA , $SOL , $DOGE , or $TON . I already own these tokens.
SAGA/USDT price action on Binance, here is a quick analysis based on the data shown: --General trend: The downtrend is clear in the short term, with a descending trendline connecting the decreasing highs. --Key support area: The strong support area is marked by the horizontal red line in the range of 1.06 - 1.19. The price has tested this area several times and has not broken it, indicating strong buying interest at this level. --Key resistance point: The nearby resistance is at 1.25 - 1.37 (the level where the descending trendline intersects with the current price). --Moving Averages (EMA): The short-term moving averages (EMA7 and EMA25) are moving below the longer-term average (EMA99), confirming the bearish trend. A breakout of the averages may indicate the beginning of an uptrend.
-Relative Strength Index (RSI): The RSI value is below 40, indicating that the market is in a near oversold state, and we may witness an upward reversal soon.
-Expected scenario: If the price breaks the downtrend line and succeeds in closing above 1.25, it may target the levels of 1.47 - 1.75. In case of breaking the support at 1.06, the price may decline to levels
Market Recovery Alert: Momentum Building After the Dip! 💯🔥
The markets have taken a sharp dip but are now showing signs of a potential rebound! Smart traders know that volatility can present lucrative opportunities. Here’s our analysis of the listed tokens and potential setups for strategic entries:
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Remember, the market’s volatility is your friend if handled with the right strategy! Stay updated, stay proactive, and trade smart. 🚀