$W

/USDT Technical Analysis & Trade Signals:

Current Price: $0.2928 (+5.29% in 24h)

24h Range: $0.2663 (low) – $0.2980 (high)

Support: $0.2663

Resistance: $0.2980

Short-Term Momentum: Bullish (upward trend observed with +5.29% increase in the last 24 hours)

Key Technical Indicators:

Volume: 53.33M W traded in the last 24h, indicating strong market participation.

Moving Averages:

MA(5): 762,560.3 W (bullish short-term momentum)

MA(10): 586,928.4 W (indicating strengthening trend)

RSI (Relative Strength Index): Suggests neutral to slightly bullish sentiment (no extreme overbought or oversold conditions).

Trade Targets 🎯:

1. Target 1 (Short-Term): $0.2980 (next resistance level) – Focus on profit-taking here if upward momentum continues.

2. Target 2 (Medium-Term): $0.3100 – Potential break of resistance if bullish momentum persists.

3. Target 3 (Long-Term): $0.3200 – Watch for extended bullish trend, with significant breakout potential.

Trade Momentum:

Buy Signal: Current price is above the 5-period moving average, indicating bullish sentiment.

Momentum Confirmation: Strong volume of 787,255.5 W (confirming sustained interest in buying).

Monitor for any sudden drop below $0.2663 (support) as it could signal a potential correction.

#BinanceAlphaAlert #BitwiseBitcoinETF #Crypto2025Trends #GrayscaleHorizenTrust #BinanceLabsBacksUsual