🚨 Trading Signal Alert for $CREAM /USDT on the 15-Minute Chart 🚨

Overview:

The CREAM/USDT pair recently exhibited a notable upward momentum, reaching a high of 16.55 USDT before encountering resistance and pulling back. Currently, the price is in a corrective phase, showing signs of stabilizing at a support level. This price action indicates potential consolidation with a chance of either a breakout or a further retracement.

Current Price: 14.88 USDT

Entry Price for Trades:

Aggressive Entry: 14.80 USDT (if signs of support are confirmed)

Conservative Entry: 15.00 USDT (awaiting more stability)

💡 Key Levels to Watch: 💡

Resistance Level 1: 15.84 USDT – Breaking this level may indicate bullish momentum resuming.

Resistance Level 2: 16.55 USDT – This recent high is the critical barrier for a strong upward move.

Support Level: 14.30 USDT – The last support zone; a drop below could lead to further decline.

🎯 Take-Profit Targets:

1. TP1: 15.50 USDT – Partial profit-taking for a conservative gain.

2. TP2: 16.00 USDT – Reaching this level confirms stronger bullish momentum.

3. TP3: 16.60 USDT – If the rally holds, this level might see more buying interest.

🔒 Stop Loss: 14.25 USDT – Protect against significant downside risk.

⚠️ Caution for Traders:

Watch for stability above 14.80 USDT as an indicator of support holding. A break above 15.84 USDT could signal a potential breakout, attracting more buyers. However, if the price fails to maintain support at 14.30 USDT, be prepared for potential bearish pressure.