Technical Analysis and Trade Signals for AUDIO/USDT

Current Price: $0.1658 (+3.17%)

Trend: Bullish momentum in the short term after testing the $0.1517 support level.

Key Levels

Support Levels:

$0.1619 (Strong support)

$0.1517 (Critical support)

Resistance Levels:

$0.1737 (Immediate resistance)

$0.1839 (Key resistance, recent 24h high)

Trade Signals

Buy Zone: $0.1600–$0.1650 (Pullback to support levels recommended)

Sell Zone: Above $0.1839 (Breakout for higher targets

Targets 🎯

1. Target 1: $0.1737 (Short-term)

2. Target 2: $0.1839 (Mid-term, 24h high)

3. Target 3: $0.1900 (Potential breakout target if $0.1839 is breached)

Momentum Indicators

Moving Averages:

Price is above the 5-period MA ($0.1658), indicating upward momentum.

Volume Analysis:

Strong 24h volume (37.16M AUDIO) suggests active trading and sustained momentum.

Trade Momentum:

Bullish Momentum: Entry around $0.1600–$0.1650; breakout above $0.1737 confirms upward trend.

Caution: Tight stop-loss near $0.1517 to manage downside risks.

Recommendation: Monitor breakout levels and volume for stronger confirmation of upward momentum.

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