$CREAM $CREAM
$CREAM /USDT Analysis:
Current Price: $17.86 (+16.66%), showing strong recent bullish movement.
Moving Averages (MA):
MA(7): $16.59 – Price is above this level, confirming short-term bullish momentum.
MA(25): $16.10 and MA(99): $14.92 – The price is above both, signaling a recent breakout over medium and long-term trends.
Resistance Levels:
Primary Resistance: $20.00 (recent 24h high), a psychological and technical barrier where selling pressure may increase.
Secondary Resistance: $21.19, representing a slightly stronger resistance level above recent highs.
Entry Level for Short Position: A potential entry would be near $19.50–$20.00 if price approaches this range and struggles to break above.
Stop-Loss: Set just above secondary resistance at $21.50 to limit risk.
Take-Profit Targets:
First Target: $16.50 (near MA(7)), as a first support level in case of a pullback.
Second Target: $15.00, which aligns with recent lows and significant support.
Summary (Short Post): CREAM/USDT is testing resistance at $20. A short entry around $19.50–$20.00 with a stop-loss at $21.50 could target pullbacks to $16.50 and $15.00 if momentum reverses.
#HaveYouBinanced #PEPEATH #BTCBreaks93k #MemecoinWars #Write2Earn!