🚀 Technical Analysis: $DF /USDT
Current Price: $0.07743 (-0.36%)
Timeframe: 30-min chart (Binance)
🎯 Key Targets:
1. Target 1 (Immediate Resistance): $0.07850
A breakout above this level could indicate short-term bullish momentum and attract intraday traders.
2. Target 2 (Mid-Term Resistance): $0.08200
Sustained buying pressure might push the price to this level, an ideal zone for profit-taking.
3. Target 3 (Major Resistance): $0.08450
A move above this psychological resistance confirms bullish dominance and may lead to extended gains.
🔻 Support Zones:
Immediate Support: $0.07600
Maintaining this level is crucial for preserving the current price structure.
Critical Support: $0.07450
A breach below this level may trigger further bearish momentum.
📈 Strategy:
Entry Zone: Consider entries near $0.07650–$0.07700 or wait for a breakout above $0.07850.
Profit Zones: Secure profits at $0.07850, $0.08200, and $0.08450.
Stop Loss: Place below $0.07450 to limit downside risks.
🔍 Insights:
Trend: Consolidating with potential for a breakout.
Volume Analysis: Watch for increased volume to confirm movement above $0.07850.