$CREAM CREAM/USDT – Testing Key Levels Amid High Volatility

Current Price: $12.32 (-11.56%)

24h High: $14.05 | 24h Low: $12.02

24h Volume: CREAM: 150,399.02 | USDT: 1.97M

CREAM has faced significant downward pressure but is showing signs of stabilization near its intraday lows. Traders are closely monitoring this level for potential recovery or further breakdown.

---

Technical Insights:

🔸 Immediate Support: $12.02 – A critical level for bulls to defend.

🔸 Resistance Zones: $12.84 (short-term) and $13.06 (EMA 25).

---

EMA Analysis:

EMA(7): $12.73 – Price has broken below, acting as immediate resistance.

EMA(25): $13.06 – Mid-term resistance to overcome for trend reversal.

EMA(99): $13.61 – A key long-term trendline signaling broader sentiment.

---

Momentum Indicators:

RSI: Slightly oversold, hinting at a possible bounce-back opportunity.

Volume Trend: Elevated, indicating strong market participation.

---

Possible Scenarios:

1️⃣ Bullish Reversal: A sustained push above $12.84 could lead to a retest of $13.06 and possibly $13.61.

2️⃣ Bearish Continuation: Failure to hold $12.02 support may drive prices lower, with $11.50 as the next target.

---

Trading Strategies:

🔹 For Buyers: Look for confirmation above EMA(7) with strong volume.

🔹 For Sellers: Short opportunities below $12.02 with tight stop-loss levels.

---

Stay updated for the next move, and trade CREAM/USDT on Binance for optimal execution!

#CryptoTrading #CREAMUSDT #Binance #BinanceAlphaAlert #CryptoMarketDip