$TRADOOR / USDT (Vol: $12.01M)
Market Description
TRADOOR shows a strong and healthy bullish action with +4.73% in 24 hours and significant volume. This suggests a sustained move backed by institutions rather than a pump-and-dump scheme. It is consolidating recent gains and preparing for the next rise.
Key Levels (Estimated)
Support: $1.5000 (Immediate), $1.4500 (Strong support zone).
Resistance: $1.5500 (Local high), $1.6800 (Next important target).
Next Move: Consolidation \rightarrow Breakout
A slight continuation of the bullish trend is expected after a brief period of sideways movement near the current price. Entry near immediate support is optimal.
Trade Goals (TGs)
TG1: $1.5500
TG2: $1.6800
TG3: $1.8000
Short and Medium-Term Outlook
Short Term: Bullish. Staying well above key moving averages (assumed). A drop to $1.5000 is an excellent entry.
Medium Term: Strong volume and controlled price action are highly bullish. The medium-term outlook is positive for continued growth, as long as Bitcoin remains stable.
Professional Advice
Set your entry near $1.50 with a stop-loss just below $1.45. This offers a good risk/reward ratio for the next bullish impulse.
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$TRADOOR
