đ ADX/USDT Technical Analysis & Trade Setup đ
Current Price: $0.193 (+8.49%)
Trend: Bullish momentum is building, with potential for further upside.
Key Technical Indicators
Bollinger Bands (20, 2):
Upper Band: 0.1891 (Price breaking above = bullish)
Middle Band (MB): 0.1637 (Support Level)
Lower Band (DN): 0.1384 (Strong Support)
Parabolic SAR (0.02, 0.2):
SAR Level: 0.1695 (Bullish signal as price is above SAR)
Entry Signal
Buy Zone: 0.185 â 0.195
Signal Confirmation:
Bollinger Band breakout above 0.1891
Price holding above SAR level at 0.1695
Targets and Stop-Loss
1. Target 1 (Short-term): 0.210
Near the recent 24-hour high of 0.2000
Take partial profits at this level
2. Target 2 (Mid-term): 0.225
Psychological resistance level and Fibonacci retracement area
Move stop-loss to entry after reaching this target
3. Target 3 (Long-term): 0.250
Major resistance level with breakout potential
Stop-Loss: 0.170
Below the SAR level (0.1695) and middle Bollinger Band (0.1637)
Trade Setup Summary
Entry: 0.185 â 0.195
Targets:
T1: 0.210
T2: 0.225
T3: 0.250
Stop-loss: 0.170
đ Momentum Watch: Stay alert for strong volume and trail your stop-loss as price advances. With bulls in control, ADX might break the 0.200 barrier and aim for higher highs!
Happy trading! đ ď¸
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