$DATA
DATA/USDT: Technical Analysis and Trading Strategy 📈 🎯
Current Price: 0.05445 USDT (-6.17%)
24h High: 0.05836 USDT
24h Low: 0.05252 USDT
24h Volume (DATA): 51.43M DATA
24h Volume (USDT): 2.87M USDT
Technical Insights 📊:
Support Zone: 0.05250–0.05300 USDT (Main Demand Zone).
Resistance Zone: 0.05650–0.05850 USDT (Short-term Cap).
Trend: Downward Correction with Signs of Stabilization (+0.16% Recent Gains).
Trading Strategy 🎯:
1. Buy near 0.05300–0.05400 USDT.
2. Target 1: 0.05650 USDT (initial bounce).
3. Target 2: 0.05850 USDT (test of 24-hour high).
4. Target 3: 0.06000 USDT (possible breakout).
Risk Management ⚖️:
Stop Loss: Below 0.05200 USDT.
Reward to Risk Ratio: Target 2:1 Reward to Risk Ratio.
Watch volume closely to confirm bounce! 📈