Technical Analysis for $SUPER
/USDT🔥💯
Current Price: 1.6089
24h Change: +7.05%
Trend: Bullish (Upward momentum)
The price has been on a strong uptrend, breaking the previous resistance of 1.55 and reaching the current level of 1.6089.
Support Zone: Around 1.55 (Higher Low) – Holds key importance for trend continuation.
Resistance: 1.6157 (Recent high)
Key Indicator: A steady increase in volume points towards sustained buying interest and bullish momentum.
Trade Signal & Target Levels 🎯
1. Target 1: 1.6250 - Short-term profit-taking level, if price holds current momentum.
2. Target 2: 1.6450 - Slight pullbacks may occur, but break above resistance can bring it here.
3. Target 3: 1.6700 - Longer-term bullish extension, above the 1.65 resistance if momentum continues.
Trade Momentum
Bullish: Momentum is strong as prices remain above the support of 1.55 and have been moving up consistently. Buyers are in control, but monitor for signs of resistance around 1.6157.
Risk Management: Consider setting stop-loss at 1.55 to protect profits in case of a pullback.