$XEC

/USDT Technical Analysis:🔥🔥💯💯

Current Price: 0.00003758 (+4.01% change in the last 24h)

Trend: Bullish short-term momentum

Support Zone: 0.00003518 (recent 24h low)

Resistance Zone: 0.00003764 (recent 24h high)

Key Indicators:

RSI: Approaching overbought region (~70), indicating potential consolidation or correction

MACD: Positive crossover, supporting upward momentum

EMA (Exponential Moving Average): Price is above 50 and 200 EMA, confirming a bullish trend

Trade Signal:

Entry Point: 0.00003750 – 0.00003760 (Breakout from previous highs)

Momentum: Bullish, strong buying interest observed

Target Levels:

1. Target 1: 0.00003850 (Initial resistance)

2. Target 2: 0.00003920 (Next key resistance)

3. Target 3: 0.00004050 (Upper limit of recent bullish channel)

Stop Loss: 0.00003600 (Under support level, to manage risk if price retraces)

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