$DATA /USDT Holds Steady at +3.97% ๐
DATA/USDT is navigating through a consolidation phase, trading at $0.05943, with a 24H high of $0.06600. The pair shows resilience after a pullback from its peak, signaling potential opportunities for traders.
Key Metrics:
โข 24H High: $0.06600
โข 24H Low: $0.05701
โข Volume: 323.08M DATA
Technical Analysis:
โข Support Zone: $0.05850 โ Buyers defending this area could create a base for recovery.
โข Resistance Zone: $0.06200 - $0.06600 โ A breakout above could resume the upward momentum.
โข RSI (6): At 19.19 โ Oversold, indicating a potential bounce-back opportunity.
Strategy:
โข Entry: Watch for entries near the $0.05850 support level.
โข Stop-Loss: Below $0.05700 to mitigate risk.
โข Targets: $0.06200 / $0.06500 / $0.06800 โ Upside potential remains intact with volume confirmation.
Stay tuned for a potential trend reversal, as oversold levels and increasing buyer activity hint at renewed upward momentum.
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