$CREAM
/USDT - Key Data and Trade Strategy🚀🎯
Current Price: 20.66 USDT (+3.61% in 24h)
24h Range:
High: 20.73 USDT
Low: Not provided (likely near 19.28 USDT as per recent drop)
24h Volume:
CREAM: 108,850.03
USDT: 2.10M
Depth:
Bid: 7.12%
Ask: 6.38%
Recent Price Change: +3.61% (Current timestamp: 2024-12-11 05:49)
Trade Strategy
1. Support Level: 19.28 USDT
Action: Look for potential buying opportunities if the price dips towards this level. It could act as a strong support zone based on recent price action.
Stop Loss: Set just below 19.00 USDT to manage risk.
2. Resistance Level: 20.73 USDT (24h High)
Action: Watch for price reaction at this level. Consider partial profit-taking or adjusting stops as the price nears this resistance zone.
Exit/Take Profit: Sell partially or completely near 20.73, depending on market momentum.
3. Breakout Target: 21.50 USDT
Action: If the price breaks above 20.73, aim for the next resistance target at 21.50 USDT.
Take Profit: Use trailing stops or exit near 21.50 to lock in profits from the breakout.
Risk Management
Risk per Trade: Limit your risk to 2% of your trading capital.
Stop Loss: Set below 19.00 USDT for better protection against downside.
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