Here’s a short technical analysis for the Voxel ($VOXEL
/ USDT pair, based on the given price data:
Technical Analysis (TA):
Current Price: $0.1775
Support: $0.1673 (24h Low)
Resistance: $0.1834 (24h High)
The price of VOXEL shows a slight upward momentum (+2.66%) as of now. The general trend seems to be in a small bullish phase as the price approaches resistance levels, but it also has support near the lower end. The Moving Averages and volume indicators would be crucial in confirming a continued trend or potential reversal.
Trade Signal:
Momentum: Bullish (2.66% price increase)
Target Levels:
1. Target 1: $0.1834 (Resistance level)
Expect price action to test this resistance.
2. Target 2: $0.1900
A minor break above resistance could push the price further upward.
3. Target 3: $0.2000
Further continuation could lead to a potential psychological level for profit-taking.
Key Advice:
Buy Zone: Around $0.1730 (near support)
Sell Zone: Near $0.1830–$0.1840 (target zone)
Keep an eye on volume trends for more signs of strong momentum or reversals! Always use risk management strategies (like stop losses) when trading.