Technical Analysis: PROS/USDT - Price Action & Key Targets 📈
The PROS/USDT pair is showing bullish momentum, currently trading at $0.4921, up +14.10% in the last 24 hours. The price has recently bounced off the 24h Low of $0.4216, and it is approaching key resistance levels. Let's dive into the technicals and explore potential price targets for this pair:
Key Levels:
Current Price: $0.4921
24h High: $0.6248
24h Low: $0.4216
SAR (Parabolic SAR): 0.6187 (potential trend reversal zone)
Target 1 🎯: $0.5500
The first key resistance is around the $0.5500 level. This is a psychological round number and aligns with recent highs, making it a short-term target for potential price action.
Target 2 🎯: $0.6000
A further upside target lies at the $0.6000 level, near the 24h High of $0.6248. If the price breaks through the $0.5500 resistance, we could see a continuation towards $0.6000.
Target 3 🎯: $0.6250
The ultimate target for bulls is the $0.6250 level, which represents the 24h High and a possible breakout area. A close above this zone could signal further strength, potentially leading to a new bullish trend.
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