$Euri /USDT Trade Analysis: 15-Min Chart
The EUR/USDT pair is showing a steady consolidation pattern with slight upward momentum. Here’s a potential trading plan:
1. Long Entry: Consider entering long if the price breaks above 1.0792 (recent high). This could signal bullish momentum. Place a stop-loss just below the MA(25) level at 1.0780 to manage risk.
2. Short Entry: A short position could be viable if the price dips below 1.0776 (24h low). This level may trigger further downside, especially if supported by increasing volume. Set a stop-loss near 1.0785.
3. Moving Averages: The price is currently hovering around the 7, 25, and 99-period MAs, suggesting indecision. A clear breakout above or below these levels may indicate the next direction.
4. Volume: High 24h volume (USDT: 1.53M, EURI: 1.42M) indicates strong interest; monitor volume spikes for momentum shifts.
5. Key Levels: Resistance is around 1.0792, and support near 1.0776. Breaking these levels could signal a new trend.
Trade cautiously, and consider trailing stops to secure profits.#euriusdt