Major pre-market price of $1.18 can reach $4 after its official listing, analyzing key price levels, market trends, and trading strategies.
Excitement is building around Major Coin as its official listing date gets closer. With a pre-market price of $1.18, many traders and investors are wondering if the coin can reach $4 after it launches on spot markets.
What Is the Major Pre-Market Price?
Pre-market trading lets people buy and sell tokens like Major Coin before they officially launch on exchanges. It’s a chance to figure out the price early and create more trading opportunities.
Key Pre-Market Statistics for Major Coin:
Current Price: $1.18
24-Hour Price Change: -5.6%
Last Traded Value: $176.57K USDT
24-Hour Trading Total: $1.34M USDT
Total Trading Volume: $1.34M USDT
While the current price reflects a slight decline, the total trading volume of $1.34 million USDT suggests strong interest and activity in the pre-market phase.
Major Coin Futures and Spot Listing Prices
Right now Major Coin is trading at $3.08 on Bybit Futures, moving sideways between a support level of $2.80 and resistance at $3.50. The upcoming spot market listing on November 28th is expected to bring in more investors and increase trading activity.
Market Insights:
Major Pre-Market vs. Futures Price:
The difference between the Major pre-market price ($1.18) and the futures price ($3.08) suggests the price could rise as demand grows closer to the listing date.
Spot Listing Catalyst:
Spot market listings usually draw more attention and cause price swings. If people stay positive about the coin, the price could climb toward its previous high of $4.30.
Major Coin Price Prediction: $4 After Listing?
To answer this we need to look at the market situation, important price levels, and trading activity.
Support and Resistance Levels
Support Level: $2.80 – A key zone where buyers have consistently stepped in to stabilize the price.
Resistance Levels: $3.50 – A strong resistance Major Coin has struggled to break.
$4.30 – The previous high from its initial rally, which will be a key target for traders.
A breakout above $3.50 supported by strong trading volume, could set the stage for a test of $4.30 or higher.
Relative Strength Index (RSI)
The current RSI is 49.61, showing neutral momentum. If it goes above 50 during the spot listing, it could mean more buying interest and a possible price increase.
Volume and Liquidity
Volume SMA (9): Currently averaging 2.344K, trading volume is low compared to earlier spikes.
A significant increase in volume near the listing date will be critical for a breakout towards $4.
Major Pre-Market Price: Listing Impact
Major Coin’s spot market debut is a major catalyst that could drive price volatility. In the past, many tokens saw their prices rise before listing as excitement grew. However, traders should be ready for some selling after the listing, which could cause the price to dip temporarily.
Trading Tips for Major Coin Investors
To navigate the upcoming volatility and maximize potential gains, consider these strategies:
Monitor Volume Closely:
Look for increasing trading volume as a signal of growing market interest.
Set Realistic Targets:
Aim for key resistance levels like $3.50 and $4.30, but remain cautious of market corrections.
Be Prepared for Profit-Taking:
Post-listing, some investors may sell to lock in profits, causing temporary price dips.
Use Stop-Loss Orders:
Protect your investments by setting stop-loss levels below key support zones, such as $2.80.
Diversify and Manage Risks:
Don’t put all your money into one trade. Instead, spread your investments across different opportunities.
For the latest updates about cryptocurrency news, visit Coin Mozo on X.
Major Pre-Market Price: Conclusion
Major pre-market price of $1.18 for Major Coin shows early interest, but real excitement is expected after its listing. With the futures price at $3.08, there’s already potential for the price to go higher.
Major Coin Price Prediction, reaching $4 will depend on key factors such as volume growth, breaking resistance levels, and the overall market sentiment surrounding the spot listing. While a rally towards $4 or even $4.30 is possible, investors should remain cautious of heightened volatility during and after the listing event.
Watch price trends, trading volume, and resistance levels to make the most of the opportunities Major Coin offers. Will it reach $4? Only time will tell, but the next few days look exciting for Major Coin traders.
Also Read: Crypto Emperor Trump Coin: The New Political-Themed Crypto
