📊MONUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 0.02879
• Support: 0.02647
• Resistance: 0.03454
• Current Price: 0.03202
📈Strategy:
Price is trading above the 20 SMA at 0.02879, confirming bullish momentum. However, it's currently in the premium zone near resistance at 0.03454. A breakout above this level could trigger further upside, while a rejection might lead to a pullback towards support. The structure favors long positions with a clear risk-reward setup (entry 0.03202, SL 0.031059, TP 0.033461, R:R 1:1.5).
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 0.02879
• Support: 0.02647
• Resistance: 0.03454
• Current Price: 0.03202
📈Strategy:
Price is trading above the 20 SMA at 0.02879, confirming bullish momentum. However, it's currently in the premium zone near resistance at 0.03454. A breakout above this level could trigger further upside, while a rejection might lead to a pullback towards support. The structure favors long positions with a clear risk-reward setup (entry 0.03202, SL 0.031059, TP 0.033461, R:R 1:1.5).
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇