Here is a concise technical analysis for $DATA
/USDT:
Technical Analysis Summary:
Current Price: $0.05644
24h Price Change: +10.73%
24h High: $0.05693
24h Low: $0.05032
Trend Analysis:
Short-Term Trend: Bullish (Price up by 10.73% in the last 24 hours)
Key Support: $0.05032 (24h low)
Key Resistance: $0.05693 (24h high)
Trade Momentum:
The market shows bullish momentum with increasing price action. The buying volume is rising, and price is approaching the recent high, suggesting potential for further gains if momentum holds.
Trade Signal:
Buy Signal: Above $0.056 (if the price breaks and sustains above $0.056).
Targets (🎯):
1. Target 1 (Short-Term Resistance): $0.05800
2. Target 2 (Intermediate Resistance): $0.06000
3. Target 3 (Long-Term Resistance): $0.06250
Stop-Loss:
Stop Loss: Below $0.050 (just under recent support level to mitigate downside risk)
Conclusion:
Momentum is bullish, targeting further price action toward $0.060 and $0.062. Watch for breaks above $0.056 to confirm continuation.
#BinanceLaunchpoolVANA #BinanceListsVelodrome #CPI4MonthsHigh #MarketMajorComeback #USUALSpotLaunch