đONUSDT 4H Market Update
⢠Trend: Bullish
⢠SMA (20): 0.364826
⢠Support: 0.30426
⢠Resistance: 0.46
⢠Current Price: 0.3947
đStrategy:
Price is trading above the 20 SMA, confirming a bullish bias. However, the current level at 0.3947 sits in a premium zone, suggesting a potential short-term pullback. Key resistance at 0.46 remains the target for continuation, while a break below 0.30426 would invalidate the bullish structure. Consider waiting for a retest of support before entering longs, or a confirmed rejection at resistance for shorts with a tight stop loss at 0.382859 and take profit at 0.412461. Manage risk carefully as the R:R is 1:1.5.
#Crypto #Binance #$ONUSDT
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â ď¸ Not financial advice - always DYOR.
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⢠Trend: Bullish
⢠SMA (20): 0.364826
⢠Support: 0.30426
⢠Resistance: 0.46
⢠Current Price: 0.3947
đStrategy:
Price is trading above the 20 SMA, confirming a bullish bias. However, the current level at 0.3947 sits in a premium zone, suggesting a potential short-term pullback. Key resistance at 0.46 remains the target for continuation, while a break below 0.30426 would invalidate the bullish structure. Consider waiting for a retest of support before entering longs, or a confirmed rejection at resistance for shorts with a tight stop loss at 0.382859 and take profit at 0.412461. Manage risk carefully as the R:R is 1:1.5.
#Crypto #Binance #$ONUSDT
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ