Analysis of the asset #LISTA:
The LISTA asset on the daily time frame is showing signs of recovery from the recent decline, adding 5.20% over the past 24 hours đ. The current price is $0.4554, which is within the recent trading range.
Technical indicators:
MA (Moving Average): Moving averages (MA 7, MA 25, MA 99) indicate a transition period where price moves near its short-term MAs, which may signal the beginning of a bullish trend.
SAR (Stop and Reverse): The parabolic SAR is below the price, confirming the current bullish trend.
Ichimoku indicator: The Ichimoku cloud shows resistance in the $0.4551 zone, which coincides with the current price level. A breakout of this level could lead to significant growth.
Bollinger Bands: Bollinger Bands are showing expansion, indicating increased volatility and possible continuation of the upward movement.
Target levels:
The nearest resistance level is at $0.6334, which represents an upside potential of 67.64%.
In case of a successful breakout, the next resistance level is at $0.9616, which corresponds to a possible growth of 149.93% đ.
Support in case of a reversal and price decline is at $0.2582. A breach of this level could lead to a significant drop to $0.2524 and below, which is equivalent to a decline of 81.84% âïž.
Result:
The current technical picture for the#LISTAasset shows a possible trend reversal with growth targets at $0.6334 and $0.9616. However, given the overall volatility and current market conditions, the risks of a significant decline should be taken into account when key support levels are broken. The asset is of interest to traders prepared for high risks and potentially high rewards.
