ZIG/USDT: Potential Bullish Reversal After Key Support Retest

٢ أغسطس

#ZIG/USDT #Analysis
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