๐$FARM DAR/USDT Analysis โ Under Pressure!
๐ Current Price: $0.12412 (-23.70%)
๐ 24H High: $0.16784
๐ป 24H Low: $0.12265
๐ฐ Volume:
DAR: 133.58M
USDT: 18.27M
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Market Overview
DAR has experienced a steep decline of 23.7%, with the price nearing a key support zone at $0.12265. The bearish momentum has intensified, but there may be opportunities for a rebound.
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Key Levels to Watch
Resistance:
$0.12800 โ Immediate hurdle for any recovery attempts.
$0.14300 โ A critical zone to flip the trend bullish.
Support:
$0.12200 โ Strong support zone; a breakdown could lead to further selling.
$0.11940 โ Next key support if the selling pressure continues.
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Trading Strategy
1. For Bulls:
Look for entries near the $0.12200 support, aiming for a bounce towards $0.12800.
Keep a tight stop-loss below $0.12000.
2. For Bears:
Consider short positions if the price fails to reclaim $0.12800.
Target $0.11940 for potential downside.
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Outlook
Trend: Bearish, but near oversold levels.
Momentum: High selling volume indicates possible short-term capitulation.
Risk Management: Avoid over-leveraging due to volatile conditions.
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๐ฌ Whatโs your move with DAR? Share your insights in the comments!
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