$CREAM /USDT: Building Momentum for a Breakout
$CREAM /USDT is trading at 15.46, showing a 7.44% gain in the past 24 hours. After a strong rebound from the 24-hour low of 14.00 USDT, the price is consolidating near the current level, with a 24-hour high at 15.95 USDT acting as immediate resistance. The RSI at 64 suggests bullish momentum, while the MACD indicates steady buying pressure.
Traders can consider entering at the current price, targeting incremental profit levels: TP1 at 15.70 USDT, TP2 at 15.90 USDT, and TP3 at 16.10 USDT. A stop loss is recommended at 15.00 USDT to manage risk effectively.
This setup provides an opportunity to capitalize on the bullish momentum with tightly defined targets, ensuring a balanced risk-to-reward ratio. Monitor volume for signs of a breakout above 15.95 USDT for potential extended gains.