Here’s a brief Technical Analysis and Trade Signal for the $DAR
/USDT pair:🔥💯💯🚀
Technical Analysis:
Price Action: The DAR price has recently surged by +16.45%, indicating strong bullish momentum.
Support Level: 0.14603 (strong support based on the 24-hour low).
Resistance Level: 0.17639 (key resistance level to watch).
Trend: The price is currently in an upward trend, suggesting continuation to the next resistance level.
Momentum: Positive momentum, with high trading volume backing the upward movement.
Trade Signal:
Buy Zone: Enter between 0.14603 - 0.15518 (Support Range)
Target Levels (T1, T2, T3):
T1: 0.16579 (first resistance target)
T2: 0.17494 (near 24h high, solid intermediate resistance)
T3: 0.17639 (strong resistance to test if momentum persists)
Trade Momentum:
Bullish momentum confirmed with high volume and positive price action.
Keep an eye on the resistance levels; if the price breaks 0.17639, it could extend further upward.
This trade plan looks favorable in the short term, assuming momentum continues. Use stop losses near the support at 0.14603 to manage risk.