๐ Professional Crypto Analysis: CREAM/USDT
๐ Overview:
Current Price: $17.02
24h High: $19.50
24h Low: $16.50
๐ Key Observations:
1. Support and Resistance Levels:
Support Level 1 (S1): Around $17.40 (holding strong).
Resistance Level 1 (R1): $18.50 (potential breakout target).
2. Trend and Momentum:
The ascending channel breakout suggests strong bullish momentum.
Price surged from $43 to $71.34 recently.
3. Volatility and Fluctuations:
- High volatility; daily fluctuations indicate bearish sentiment.
๐ฏ Entry Strategy:
Consider buying near the support level ($17.40) or on a breakout above resistance ($18.50).
Set a stop loss below the support level to manage risk.
๐ Previous Values:
24h ago: $19.00
7 days ago: $15.60
30 days ago: $17.02
:Remember, trading involves risks. Do your own research and stay informed! ๐๐๐
And If you need any further clarification ,ask me I will guide you properly.๐คโค๏ธ๐ค.#CREAM #CREAMCoin #SahmRule #BlackRockETHOptions #Write2Earn!