📊 Technical Analysis
1. Current price: approximately 0.3126 USDT.
2. The SuperTrend indicator (10,3) shows a bullish trend currently as the price is above the indicator line (0.2797).
3. The %R(14) indicator is at -10.6195, indicating an overbought area (a level close to -20 and above), but it is still in a strong overbought zone.
4. The OBV indicator is high (11.46 million) which supports continued demand and buying volume.
5. Nearby resistance: 0.3174 (24-hour high).
6. Nearby support: 0.2797 (near the SuperTrend line).
🎯 Suggested entry points:
· Enter on a breakout above 0.3174 with confirmation of high volume.
· Or enter on a bounce from support 0.2950–0.3000 with confirmation from momentum indicators.
🏁 Take Profit Targets:
1. TP1: 0.3400 (expected resistance).
2. TP2: 0.3600 (extension of +15% from entry).
3. TP3: 0.3800 (in case the bullish momentum continues).
⛔ Stop Loss:
· SL: below 0.2790 (any break of the SuperTrend line and close below it for an hour).
