๐ $LOOM Technical Analysis Alert! ๐
Current Price: $0.06249
Resistance Levels:
- ๐ง Immediate: $0.06358
- ๐ง Secondary: $0.06500
Support Levels:
- ๐ก๏ธ Immediate: $0.05805
- ๐ก๏ธ Secondary: $0.06000
Market Insights:
LOOM/USDT is showing strong momentum, currently trading at $0.06249 with a rise of +4.64%! The price recently hit a 24-hour high of $0.06358, highlighting a strong resistance level. Breaking above this could see the price surge to $0.06500 and beyond.
On the flip side, immediate support lies at $0.05805. If it dips below this, the next key level to watch is $0.06000.
Trade Smart:
๐ Long Trade:
- ๐ Enter above $0.06358 with confirmed breakout.
- ๐ฏ Target 1: $0.06500
- ๐ฏ Target 2: $0.06700
- ๐ก๏ธ Stop Loss: $0.06100
๐ป Short Trade:
- ๐ Enter below $0.05805 with confirmed breakdown.
- ๐ฏ Target 1: $0.06000
- ๐ฏ Target 2: $0.05700
- ๐ก๏ธ Stop Loss: $0.05900
Stay ahead with these key levels and make your trades count! Keep an eye out for more updates as the market evolves.
