📊$TFUEL / USDT Technical Analysis: Key Levels and Insights!💡
Current Price: $0.0697824H Performance: -0.54%
Technical Analysis (4H Chart)
The $TFUEL / USDT pair has been in a steady uptrend, recently touching $0.07200, marking a significant resistance level. However, a minor pullback has brought the price to its current level of $0.06978, which could indicate profit-taking by short-term traders.
Key Levels to Monitor
Resistance:$0.07200: The recent high is the critical resistance to watch for a breakout.Support:$0.06800: The key support level where the price could stabilize if selling pressure increases.
Market Trends
📈 Bullish Structure:
TFUEL has maintained higher highs and higher lows, reflecting strong buyer interest.
📊 Volume Insights:
Volume activity shows consistent trading interest, supporting the current trend.
Trading Insights
✅ For Buyers:
Look for a bounce around the $0.06800 support zone to capitalize on potential upward momentum.
🔻 For Sellers:
Watch for rejection around the $0.07200 resistance for short-term profit opportunities.
Conclusion
TFUEL/USDT remains in a bullish trajectory despite the slight pullback. Traders should monitor key levels closely, as a breakout above $0.07200 could signal further upside potential.
💡 Start trading TFUEL/USDT on Binance and make the most of the market movements today!
