ZIG/USDT: Potential Bullish Reversal After Key Support Retest
#ZIG/USDT #Analysis
Description
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+ ZIG/USDT is currently testing a critical support zone around $0.115 after a strong bullish rally.
+ The 100-day EMA is acting as dynamic support, suggesting a potential bullish reversal if this level holds.
+ RSI is around 43, indicating a neutral stance with the possibility of an oversold bounce, leading to higher targets.
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VectorAlgo Trade Details
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Entry Price: Around $0.115 on support confirmation or above $0.145 on a breakout
Stop Loss: below $0.09
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Target 1: $0.145
Target 2: $0.21
Target 3: $0.24
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Timeframe: 1D (Daily)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ ZIG/USDT is currently testing a critical support zone around $0.115 after a strong bullish rally.
+ The 100-day EMA is acting as dynamic support, suggesting a potential bullish reversal if this level holds.
+ RSI is around 43, indicating a neutral stance with the possibility of an oversold bounce, leading to higher targets.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: Around $0.115 on support confirmation or above $0.145 on a breakout
Stop Loss: below $0.09
------------------------------
Target 1: $0.145
Target 2: $0.21
Target 3: $0.24
------------------------------
Timeframe: 1D (Daily)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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