🛑🛑Detailed analysis of PDA USDT 🛑🛑$PDA $SLP $ALICE
Technical analysis
The following key points can be noticed on the PDA USDT chart:
Period: From March to June 2024.
Current price: $0.1122, which is 1.45% higher than the previous one.
Horizontal support: Approximately at $0.1122.
Indicator
Ichimoku (Ichimoku Cloud):
The price is above the Ichimoku cloud, indicating a potential upward movement.
The support and resistance lines are at the levels of $0.1024 and $0.1122, respectively.
SAR (Parabolic SAR):
The SAR points are below the price, which confirms the uptrend.
Moving averages (MA):
25-day SMA at $0.08.
99-day SMA at $0.08.
What does this mean for investors?
If the price can stay above the current support and continue to rise, we can expect a continuation of the bullish rally 🐂🚀. However, you should be careful and monitor further changes in the market.
Conclusion
Investors should keep a close eye on the $0.1122 level. A successful retest of this level could lead to further growth. Be careful and good luck in the market! 📈💰
