Technical Analysis: $DATA
/USDT🔥💯💯
The current price action shows an uptrend with a daily gain of +6.33%, supported by decent trading volume.
Momentum:
Bullish: Momentum indicators point to upward movement.
Key resistance at $0.05150 is being tested, with potential for further upside.
Trade Signal:
Buy on breakout above $0.05150 or on pullback to $0.04850 support zone.
Target Levels (🎯):
Target 1: $0.05250 (Short-term resistance)
Target 2: $0.05400 (Key resistance level)
Target 3: $0.05650 (Strong upward breakout zone)
Stop-Loss:
Set at $0.04700 to manage downside risks.
Momentum Drivers:
If momentum fades, watch for consolidation between $0.04850-$0.05000 before another breakout attempt.
Note: Ensure tight risk management due to market volatility.