SNT/USDT Technical Analysis – Key Levels to Watch 🎯
🚀 Current Price: $0.03451 (+12.05%)
The SNT/USDT pair has shown significant momentum recently, climbing by 12.05% in the past 24 hours. Let’s break down the key technical levels and potential targets for the upcoming sessions.
Key Levels to Watch:
1. Support Level: $0.03201
The SAR (Stop and Reverse) indicator suggests potential support around $0.03201. If the price retraces, this level could act as a solid base for bulls to resume the uptrend.
2. Target 1: $0.03488 (24h High)
The price recently tested $0.03488, which is the 24h High. This level is crucial for confirming the continuation of the bullish trend. If the price breaks above this, expect further upward momentum.
3. Target 2: $0.03515
A major resistance level to look out for is $0.03515, where selling pressure could intensify. If the price manages to breach this level, a push towards higher levels could be imminent.
4. Target 3: $0.037 (Extended Target)
Looking beyond the immediate levels, a breakout past $0.03515 could set SNT on a path towards $0.037, with the potential for further bullish momentum in the medium term.
Market Depth Overview:
Buy Orders: Strong support is observed at $0.02927, $0.02960, and $0.03123.
Sell Orders: Resistance at $0.03453 and $0.03515.
Key Takeaways:
Short-term bullish trend with key support around $0.03201.
Resistance at $0.03488 and $0.03515 could determine the next major price movement.
Potential breakout targets: Watch for movement toward $0.037 if bulls maintain momentum.
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{spot}(SNTUSDT)
