🚀 TFUEL/USDT Technical Analysis: Targeting Key Levels 🚀
TFUEL has seen significant movement recently, rising +8.91% to its current price of $0.06661. Let's dive into some key technical levels and set targets for the near term.
🔍 Current Price: $0.06661
24h High: $0.08064
24h Low: $0.06067
Key Support & Resistance Levels:
1. Support Zone: $0.06535
Reasoning: The SAR (Stop and Reverse) indicator suggests a strong support at $0.06535. This level has been tested multiple times and could provide a solid base if TFUEL faces any pullbacks.
2. Resistance Zone 1: $0.06995
Reasoning: The first resistance level lies at $0.06995, close to the recent highs. If TFUEL can break through this level with strong volume, it could indicate a bullish continuation towards higher targets.
3. Resistance Zone 2 (Target): $0.08064
Reasoning: The 24-hour high of $0.08064 serves as a key level to monitor. A breakout above this could lead TFUEL to retest this level, with potential for further upside movement towards $0.085 or higher in the coming days.
---
📊 Volume Insight:
24h Volume (TFUEL): 327.81M
24h Volume (USDT): 22.93M
The volume is relatively high, suggesting healthy trading activity. Any spike in volume could trigger a move towards these targets.
