Technical analysis by CryptoNoan about Symbol CORE on 5/24/2024

COREUSDT Perpetual Contract Analysis Current Price: 1.9092 USDT Key Levels: Support: 1.4677 USDT Resistance: 2.8918 USDT Trade Setup: Entry: Break above 1.90 USDT (descending trend line) Take Profit: Partial and LTPR Stop Loss: Below 1.4677 USDT Strategy: Enter on a break above the descending trend line with volume. Use a trailing stop loss along the ascending trend line. This setup suggests a potential bullish breakout with significant upside. Use a trailing stop loss to manage risk