Here’s a complete trading post based on the EUR/USDT data you provided:
$EUR /USDT SIDEWAYS TO BULLISH: PRICE LOOKS TO HOLD KEY SUPPORT
Current Price: 1.1711 USDT
24h High: 1.1720 USDT
24h Low: 1.1708 USDT
Key Levels:
Support: 1.1700 – Critical level that has been holding, strong buying interest nearby.
Resistance: 1.1750 – Immediate hurdle; a break above can trigger bullish momentum.
Next Major Resistance: 1.1800 – Key level for upside continuation if momentum sustains.
Trade Setup (Bullish):
Entry: 1.1720 – Confirmed above immediate resistance for momentum.
Take Profit (TP):
TP1: 1.1750 – First resistance zone
TP2: 1.1800 – Next target for stronger bullish move
Stop Loss (SL): 1.1680 – Just below support to manage risk
Analysis:
EUR/USDT is currently in a consolidation range, hovering near strong support at 1.1700. A break above 1.1750 can push the pair toward 1.1800. Traders should watch for momentum confirmation before entering long positions.
Guiding Message:
Markets reward patience and discipline. Stay focused on your plan, respect your risk, and remember that consistent, small steps lead to steady progress. Every trade teaches you something valuable.
If you want, I can also create a bearish setup for EUR/USDT in case the support breaks, giving you a complete view for both scenarios. Do you want me to prepare that?
