$CREAM /USDT: Gradual Recovery with Bullish Signals
$CREAM is currently trading at $16.99, reflecting a 6.45% gain in the past 24 hours. The price rebounded from a low of $14.79 and reached a high of $17.36, indicating buyer interest and strengthening momentum. Although it has faced resistance near $17.36, $CREAM shows potential for further upward movement if it can break through this critical level.
Key Levels to Watch:
Support: $16.30
Resistance: $17.50
Trade Setup:
Entry Point: Around $16.90
Targets:
1. $17.50 (short-term)
2. $18.20 (next target)
Risk Management:
Stop-loss: $15.80
Monitor $16.30 for consolidation or signs of weakening momentum.
Pro Tip:
Secure partial profits near $17.50 to manage risks effectively and adjust your stop-loss to safeguard gains. A confirmed breakout above $17.50 could unlock further bullish potential, making cream a strong contender for additional gains. Stay cautious and trade strategically.