Technical Indicator Reading RSI (6): Currently at 50.41. This indicates that the market is in a neutral zone, meaning the strength of buyers and sellers is balanced. A strong bullish move is expected only if it rises above 50-60. MACD: A positive crossover is visible (green histograms have started), and the MACD value is 0.00123. This is a good sign that the market is gradually trying to move upward. MA (Moving Average): The price is currently slightly below MA(7), which is $0.14450. Crossing this level is crucial for further momentum. 2. Strong Trading Plan for 1 Day If you want to enter a trade today, you can follow these levels: Entry Point (Entry Zone): Safe Entry: The current price is $0.14051. For confirmation, enter after the price moves above $0.14150. Aggressive Entry: You can take a small position at the current price, though the risk will be slightly higher. Exit or Take Profit (TP): For a 1-day trade, target small but steady gains: Target 1 (T1): $0.14500 (Once reached, move your stop loss to the entry price). Target 2 (T2): $0.15200 (This could be the maximum potential level for today). Stop Loss (SL): To avoid large losses in intraday trading, always use a stop loss: Stop Loss Level: $0.13300. If the price falls below this, there is a risk of further decline. Summary Table:Category Level (USDT) Remarks Entry (Buy) $0.14100 - $0.14150 Buy when the breakout is confirmed. Stop Loss (SL) $0.13300 Risk limit. Target 1 (Exit) $0.14500 First profit zone. Target 2 (Exit) $0.15200 Maximum daily profit target. $DOGE #TradingSignals #Tecnicalanalaysis
Based on the analysis of the POL/USDT (Polygon Ecosystem Token) chart my shared, here is a detailed breakdown of the current situation, support/resistance levels, and potential breakout points: 1. Current Market Situation The coin is currently in a Bullish Trend. It has gained approximately +13.47% in the last 24 hours. EMA Indicators: The price candles are trading above the 7, 25, and 99-period Exponential Moving Averages (EMA) This indicates strong upward momentum. OBV (On-Balance Volume): The yellow line at the bottom is trending upwards#
suggesting that buying volume is increasing and investors are accumulating. 2. Support and Resistance Levels Identifying these levels helps in knowing when to enter or exit: Immediate Resistance: The recent high is at 0.1608 This is the first ceiling the price needs to crack. Major Resistance: If it breaks 0.1608, the next major target/resistance zone is between 0.1650 and 0.1700 Support Levels: If the price pulls back 0.1570 (EMA 25) and 0.1506 (EMA 99) will act as safety nets. The strongest support for the day is at 0.1408 24h low 3. Breakout Analysis: When will it pump more For a significant pump or further upward movement, the price needs to: Break and Close: A 15-minute or 1-hour candle must close decisively above the 0.1610 – 0.1615 level. Volume Confirmation: Look for a spike in the green volume bars during this breakout. If it breaks out with low volume it might be a fakeout 4. Strategy Caution for Buyers Before buying at this level, consider the following: Avoid FOMO: Since the coin has already pumped 13%, buying at the very top can be risky Wait for Re-test: A safer entry is often after a breakout, when the price drops slightly to "test" the previous resistance as new support. Stop Loss: To manage risk, consider placing a stop loss below 0.1500 or 0.1480. $POL #TraderAlert #BinanceHODLerBREV