#lazio Looking at the Lazio/USDT chart, here's a breakdown:
Indicators:
RSI: Currently at 58.067, which is in a neutral zone, suggesting there’s still room for movement either up or down.
MACD: The MACD is slightly below the signal line with a small negative histogram, indicating weakening bullish momentum.
KDJ: The K value is 30.183, D is 24.739, and J is 41.072, showing the asset is approaching an oversold zone, which might signal a good entry if a reversal occurs soon.Volume: Volume has spiked recently but is declining, which could indicate reduced momentum.
Williams %R: Currently at -80.892, indicating oversold conditions, suggesting a potential rebound soon.
Entry Price:
Entry: Around $1.30 - $1.35 after a slight pullback and confirmation of bullish momentum, especially if the RSI approaches 50 or lower and MACD turns positive.
Take Profit:
Take Profit: Set your TP around $1.50 - $1.55, near the next resistance level.Stop Loss (SL):Stop Loss: Set your SL around $1.20 to protect against further downside.