Binance Technical Analysis: PSG/USDT
Current Price: $3.118 (+18.15%)
As we analyze the PSG/USDT trading pair, several key levels and targets stand out:
Key Levels:
Support Level: $2.589
Resistance Level: $3.159
Current Trend: Bullish momentum is evident with a significant price increase over the past 24 hours.
Targets 🎯
1. Target 1: $3.159
This level represents the recent 24h high. A break above this resistance could signal continued bullish momentum, attracting more buyers.
2. Target 2: $3.25
If momentum persists and the price surpasses $3.159, the next psychological barrier is around $3.25. This target aligns with previous highs and may act as a resistance level.
3. Target 3: $3.50
This target is set based on Fibonacci retracement levels and previous support/resistance zones. A move toward this level would indicate a strong bullish trend and increased investor interest.
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