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$TRADOOR | Technical Analysis Update 🚪
$TRADOOR is currently experiencing a sharp correction, down -11.91% today. After hitting a high near $0.9300, the price is now testing psychological support levels as it looks for a bottom on the hourly chart.
📊 Market Overview:
Current Price: $0.7234
24h High: $0.8604
24h Low: $0.7130
Trend: Bearish (Short-term) | Oversold 📉
💡 Trading Setup:
Entry Zone: $0.6900 – $0.7150 (Watch for a bounce at the $0.7130 low)
Resistance: $0.7700 (MA30) | $0.8200 | $0.9300
Support: $0.7130 | $0.6850
🎯 Targets:
$0.7850
$0.8500
$0.9200+
⚡ Quick Take: The price is currently trading below the key Moving Averages (MA5, MA10, MA30), indicating heavy sell pressure. However, the MACD is showing signs of stabilizing in the deep negative zone. A recovery back above $0.7700 is needed to flip the momentum back to bullish. Handle with caution!