Technical Analysis ($IN/USDT Perpetual - 1D)
Main Trend: Long-term downtrend with a structure of lower highs and lower lows below the Moving Average.
Current Conditions: An impulsive bounce (+21.55% to 0.03987 USDT) occurred from the lower support level (0.02500 USDT).
Key Zones: The price has broken through the local resistance-turned-support area at 0.03500–0.04000 USDT. The next strong resistance is in the main MA range (0.06000–0.07000 USDT), as well as the upper consolidation area (0.12000–0.14000 USDT).
Trading Signal: Swing Long (High Risk)
Pair: IN/USDT Perpetual (Binance)
Type: Long / Buy
Leverage: 2x–3x (Maximum)
Entry Area: 0.03600–0.03950 USDT (Wait for a pullback to the nearest support area)
Take Profit (TP):
TP 1: 0.05800 USDT
TP 2: 0.08500 USDT
Stop Loss (SL): 0.03100 USDT (Below the new swing low)
Main Trend: Long-term downtrend with a structure of lower highs and lower lows below the Moving Average.
Current Conditions: An impulsive bounce (+21.55% to 0.03987 USDT) occurred from the lower support level (0.02500 USDT).
Key Zones: The price has broken through the local resistance-turned-support area at 0.03500–0.04000 USDT. The next strong resistance is in the main MA range (0.06000–0.07000 USDT), as well as the upper consolidation area (0.12000–0.14000 USDT).
Trading Signal: Swing Long (High Risk)
Pair: IN/USDT Perpetual (Binance)
Type: Long / Buy
Leverage: 2x–3x (Maximum)
Entry Area: 0.03600–0.03950 USDT (Wait for a pullback to the nearest support area)
Take Profit (TP):
TP 1: 0.05800 USDT
TP 2: 0.08500 USDT
Stop Loss (SL): 0.03100 USDT (Below the new swing low)