📊 Technical Analysis for PDA/USDT on Binance 🚀
The PDA/USDT pair is currently showing a strong upward momentum, with a +7.96% increase in price in recent trading sessions. Let's dive into the key technical levels and targets to watch for in the near future.
Key Levels:
Current Price: $0.04640
24h High: $0.04855
24h Low: $0.04181
SAR (Stop and Reverse): 0.04546
Suggesting potential support at $0.04546, with resistance near $0.04855.
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Target 1: $0.04889 (Resistance Level) 🎯
The first target to watch is the $0.04889 level, which is a key resistance zone based on the order book depth. A break above this level could signal a continuation of the upward trend and potentially lead to a new high.
Target 2: $0.05000 🎯
If PDA continues its bullish momentum, the psychological resistance at $0.05000 could be the next hurdle. This is a key round number, and a breakthrough here may attract further buying interest.
Target 3: $0.05200 🎯
A further extension of the rally could push PDA toward the $0.05200 mark. This target aligns with previous higher price points and could act as a major profit-taking zone for traders.
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Support Levels:
First Support: $0.04546 (SAR level)
Second Support: $0.04181 (24h low)