đđ CREAM/USDT Analysis: Support, Resistance, and Entry Strategy
đ Overview:
- CREAM/USDT is currently trading at $18.76.
- Previous high: $23.19
- Previous low: $17.75
đ” Support Levels:
1. $17.75 (Strong Support): This level held during the recent decline. If price revisits this area, it may act as a strong support zone.
2. $18.00 (Psychological Support): A round number often attracts buyers. Watch for potential bounce here.
đŽ Resistance Levels:
1. $20.00 (Key Resistance): Price needs to break above this level to signal a bullish trend continuation.
2. $21.50 (Recent High): A clear break above could lead to further gains.
đ Entry Strategy:
Long Position: Consider entering if price breaks above $20.00 with confirmation (e.g., candlestick pattern or volume surge).
Short Position: If price drops below $17.75, consider shorting with proper risk management.
:Remember, always analyze the broader market context and use stop-loss orders. Happy trading! đđ.#CREAM #creamtoken #Write2Earn! #MtGoxJulyRepayments