$DF /USDT Technical Analysis and Trade Signal๐ฅ๐๐๐๐ฅ๐ฅ
Current Price: $0.04642
24h Change: +11.91%
Key Levels
Resistance Levels:
Immediate Resistance: $0.04649 (recent 24h high)
Next Major Resistance: $0.05000 (psychological level)
Support Levels:
Immediate Support: $0.04200 (previous consolidation zone)
Strong Support: $0.03692 (recent 24h low)
Technical Indicators
RSI (Relative Strength Index): 68 (Approaching overbought zone)
MACD (Moving Average Convergence Divergence): Bullish crossover observed, signaling positive momentum.
EMA (Exponential Moving Averages):
EMA 20: $0.04050 (current price trading above this level indicates bullish momentum)
EMA 50: $0.03830 (strong upward trend confirmation)
Trade Momentum
Momentum: Bullish
Volume Analysis: High trading volume ($3.47M USDT), indicating strong buyer interest.
Trade Signal
Buy Entry Zone: $0.04500 โ $0.04600
Targets ๐ฏ:
1. Target 1: $0.04850 (+4.5%)
2. Target 2: $0.05000 (+7.7%)
3. Target 3: $0.05250 (+13.1%)
Stop Loss: $0.04180 (below key support to minimize risk).
Trade Strategy:
Short-Term: Enter near $0.04600 and aim for Target 1 or 2.
Mid-Term: Hold for Target 3 if price sustains above $0.05000.
Caution: Monitor RSI for overbought signals and watch for potential reversal near resistance levels.