Current Price: $2.85
24h High: $3.005 | 24h Low: $2.492
24h Volume: 3.60M QTUM | 9.99M USDT
SAR (Parabolic SAR): 2.894 (indicating a bullish trend)
Overview
QTUM/USDT has shown strong upward momentum, with a 9.83% gain in the last 24 hours. The Parabolic SAR indicator suggests a bullish trend, as the current price ($2.85) is just below the SAR level of $2.894. This indicates potential for further upward movement, especially after breaking above a short-term resistance level.
Key Support and Resistance Levels
Support:
$2.75 – This level has previously provided solid support, as the price recently rebounded from it. A pullback to this zone could offer a buying opportunity.
Resistance #1:
$2.90 – Positioned near the SAR level at $2.894, this is the first resistance level where selling pressure might appear. Breaking above this level could trigger further gains.
Resistance #2:
$3.00 – Close to the 24h high, this level represents a major psychological barrier. A breakout here would signal continued bullish momentum and may lead to higher targets.
Target Levels 🎯
1. Target 1: $2.90 – If the price continues to rise, this is the first key resistance level. A breakout could signal ongoing bullish momentum.
2. Target 2: $3.00 – A crucial resistance level that, if broken, could support further gains.
3. Target 3: $3.10 – With sustained bullish momentum, this level becomes the next potential target, based on historical price trends.
Note: This analysis is based on recent market data and is not financial advice. Always conduct your own research before making investment decisions.#BNBChainMemecoins #Write2Earn! $QTUM