technical analysis post for Binance, highlighting three potential targets for the $DATA /USDT pair:
📊 Technical Analysis: $DATA
/USDT – A Closer Look at Price Targets
As the $DATA /USDT pair shows some positive movement, let's take a look at the key levels to watch for in the short term.
Current Price: 0.05054 USDT (+2.97%)
Key Resistance Levels:
1️⃣ Target 1: $0.05108
The 24-hour high shows strong resistance at this level. If the price can break above, we could see a continuation toward higher levels.
2️⃣ Target 2: $0.05200
A potential breakout above $0.05108 could open the door to the next resistance at $0.05200. Watch for a confirmed breakout before entering long positions.
3️⃣ Target 3: $0.05350
If the bullish momentum persists, the next major target could be $0.05350. A steady uptrend above this could signal further bullish action.
Support Levels:
0.04617: Watch this level closely for any potential pullbacks. A bounce here could provide an opportunity for entries.
Conclusion:
The current uptrend suggests a bullish outlook for DATA/USDT. Traders should monitor the resistance levels around $0.05108, $0.05200, and $0.05350, with support at $0.04617 providing potential entry opportunities.
Keep an eye on market movements and adjust your strategies accordingly. 🚀
#SolvProtocolMegadrop #BinanceAlphaAlert #BTCBelow92K #DEXVolumeRecord #BTCMiningPeak