📉$DF DF/USDT Technical Analysis 📉
Current Price: $0.08363 (-6.66%)
The market for DF/USDT shows bearish momentum, with prices breaking lower support levels. Traders are closely watching for a potential reversal or further downside.
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Key Statistics
24H High: $0.08987
24H Low: $0.08310
24H Volume (DF): 159.83M
24H Volume (USDT): 13.82M
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Technical Levels to Monitor
1. Support:
Immediate support at $0.08310.
Major support at $0.08000.
2. Resistance:
Initial resistance at $0.08550.
Strong resistance at $0.09000.
3. Indicators:
MACD: Negative territory, signaling bearish momentum.
Volume: Declining buying interest.
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Trading Strategy
📉 Bearish Continuation:
Entry: Short below $0.08300 with targets at $0.08150 and $0.08000.
Stop Loss: Above $0.08550.
📈 Reversal Opportunity:
Entry: Long above $0.08550 with targets at $0.08750 and $0.09000.
Stop Loss: Below $0.08300.
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Market Sentiment
DF/USDT is under significant selling pressure. A breakdown below $0.08300 could lead to further downside, while a recovery above $0.08550 might attract bullish momentum.
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