$DATA
/USDT Steady Steps Dip Move š„ šÆ š
Current Price: $0.05140 (+0.10%)
24H Range: $0.04994 - $0.05254
Volume: 17.35M DATA | 888,681.32 USDT
Technical Analysis Highlights
Trend: Consolidating with a slight upward bias after a pullback from recent highs.
Moving Averages:
10 MA: Holding support near $0.0510, indicating potential for a bounce.
50 MA: Bullish slope suggests medium-term upward momentum.
RSI: Around 58 ā Neutral but leaning towards bullish.
Bollinger Bands: Price near the middle band, showing potential for breakout toward the upper band.
MACD: Positive but narrowing, indicating that momentum is slowing slightly.
šÆ Trade Strategy
Entry Point: Consider entering near $0.0510ā$0.0515 as the price stabilizes.
Targets:
1. šÆ $0.052 ā Near-term resistance, ideal for partial profit-taking.
2. šÆ $0.0525 ā Test of 24H high and key breakout zone.
3. šÆ $0.053 ā Extended target if momentum continues.
Stop Loss: Set at $0.0495 to protect from a deeper pullback.
ā” Pro Tip:
Keep an eye on volume trends and RSI to confirm continuation or reversal.
A break above $0.0525 could signal stronger bullish momentum.
Happy trading! š
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