๐ $DATA
/USDT Technical Analysis โ Bullish Momentum Building ๐
The DATA/USDT pair has shown promising bullish movement, climbing by +7.35% in the last 24 hours, currently sitting at 0.05168. Letโs dive into the key technical levels and potential targets for traders to watch closely:
๐น Target 1: 0.05230 USDT
This level marks the recent 24h high and serves as the immediate resistance. A breakout above this could signal further bullish continuation, opening the door for more upward movement.
๐น Target 2: 0.05300 USDT
If momentum continues to build, 0.05300 would be the next critical resistance level to monitor. This could be a potential exit point for those looking to secure profits in a strong uptrend.
๐น Target 3: 0.05500 USDT
Looking longer term, a move towards 0.05500 could be on the horizon, especially if the broader market remains bullish and the volume continues to support the upward price action.
๐ Support Levels:
Immediate support is at 0.04707 USDT (24h low).
Stronger support lies around 0.04600 USDT, which could act as a floor if the market sees any pullbacks.
With 69.7M DATA traded in the last 24 hours and 3.49M USDT in volume, the bulls seem to have control, but traders should be mindful of potential pullbacks before hitting these key targets.
๐ Stay alert, and happy trading!
Let me know if youโd like to adjust or add anything!