Current Price: 3,768.80
Change: +8.50%
Support Level: 3,500
Resistance Level: 4,000
Technical Analysis:
The chart shows that the currency is trending upwards with new peaks being formed.
Moving averages indicate an upward trend, enhancing the chances of continued rise.
Relative Strength Index (RSI) indicators remain in the overbought zone, indicating strong momentum.
Entry and Exit Points:
Buy Point: ** 3,700
Take Profit Point (TP1): ** 3,900
Take Profit Point (TP2): ** 4,000
Take Profit Point (TP3): ** 4,200
Recommendations:
It is good to enter a buy position at the current price or near the support level.
Make sure to set stop-loss orders below the support level (3,500) to protect capital.
🚀 Tip: Follow economic news and market changes to ensure informed decisions.
💡 Remember: Trading carries risks,
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