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. 🚀

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