On the hourly chart of SYRUP/USDT, a powerful rise is observed. The indicators confirm the strength of the bullish momentum, opening up opportunities for long trades.
Indicators:
EMA (21/50/99): 0.3216 / 0.3188 / 0.3183 — support on all EMAs.
RSI (14): 83.75 — overbought.
STOCHRSI: 100 — overbought signal.
MACD: strong upward momentum.
⚡ Trading plan:
Main scenario — long. The market shows confident growth, confirmed by EMA and MACD.
🎯 Targets:
0.3445 (+1.5%)
0.3500 (+3.3%)
0.3600 (+6.5%)
🔹 Entry points:
Conservatively: on a correction to 0.3350
Aggressively: rebound from 0.3380
🛑 Stop-loss:
0.3250 — limiting risks.
⚠️ Indicators signal overbought conditions, so be cautious of a possible correction. Nevertheless, the current trend creates prospects for a profitable long. Keep an eye on indicator changes — they will help adjust positions in a timely manner.
On the 1-hour chart of AVAX/USDT, a positive trend is observed. Price is 12.39 USDT, and the short-term trend is confirmed by the rising EMA and indicators. The market shows momentum for continuing the upward movement, although RSI is approaching the overbought zone — which means to act cautiously.
🔹 Indicators:
EMA (21): 12.22 — support for growth
EMA (50, 99): 12.17 — key confirmation levels
RSI (14): 65.02 — overbought, a slight correction possible
MACD: 0.02 — positive signal
StochRSI: 97.23 — close to overbought, be careful
💰 Trading plan
Main scenario: Long
🎯 Targets:
12.60 (+1.7%)
12.85 (+3.7%)
13.10 (+5.7%)
➡️ Entry points:
Conservatively: Waiting for a pullback to 12.20
Aggressively: Entry at the current price of 12.39
⛔️ Stop-loss: 12.10 — minimize risk during pullback
💡 Keep an eye on market movement and adjust strategy based on price reaction to key levels. Trade cautiously, but with growth potential!