📊0GUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 0.289305
• Support: 0.2383
• Resistance: 0.3642
• Current Price: 0.3394
📈Strategy:
Price is trading above the 20 SMA and has established a bullish structure on the 4H timeframe. However, price is currently in a premium zone near resistance at 0.3642, which favors watching for a short-term reaction. A conservative short entry at 0.3394 with a stop loss at 0.329218 and take profit at 0.354673 offers a 1:1.5 risk-reward. Bulls need a decisive break above resistance to invalidate the short thesis, while a rejection could trigger a pullback toward support.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇
• Trend: Bullish
• SMA (20): 0.289305
• Support: 0.2383
• Resistance: 0.3642
• Current Price: 0.3394
📈Strategy:
Price is trading above the 20 SMA and has established a bullish structure on the 4H timeframe. However, price is currently in a premium zone near resistance at 0.3642, which favors watching for a short-term reaction. A conservative short entry at 0.3394 with a stop loss at 0.329218 and take profit at 0.354673 offers a 1:1.5 risk-reward. Bulls need a decisive break above resistance to invalidate the short thesis, while a rejection could trigger a pullback toward support.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇