📊 MOCAUSDT perpetual contract – futures at the 60-period moving average decision point
Type: Perpetual Futures | Platform: Binance Futures
📊 Current Statistics:
Last Price: $0.02224 (+3.01% today)
Mark Price: $0.02224
High/Low Price (24 hours): $0.02385 / $0.02126
Trading Volume (USDT) over 24 hours: 3.50 million
60-Period Moving Average: $0.02213 (Immediate Pivot)
📈 Technical Context:
Price is centered around the 60-period moving average – a decisive close above or below will determine the near-term direction.
Volume is below the 5 and 10-period averages, indicating weak momentum and potential for expanded volatility.
Mark price equals last price, indicating minimal impact from the funding price.
🎯 Trading Setup (Two Scenario System):
Scenario 1 – Buy on breakout (if the 60-period holds as support)
Entry: Above $0.02230 (Confirmation of strength)
Target 1: $0.02280
Target 2: $0.02330
Target 3: $0.02380
Stop Loss: $0.02190
Scenario 2 – Sell on rejection (if the 60-period acts as resistance)
Entry: Below $0.02210 (Break of the 60-period)
Target 1: $0.02180
Target 2: $0.02140
Target 3: $0.02100
Stop Loss: $0.02240
⚠️ Risk Notice:
Perpetual contracts carry leverage risks – carefully determine position size.
Current low volume indicates indecision – wait for confirmation with increased volume.
This is not financial advice. Use a strict stop loss and appropriate risk management.
#moca #USDTfree #BukhariTechTips