$DATA

/USDT Technical Analysis & Trade Signal 🚀🎯

Current Price: $0.0495 (+4.67%)

Indicators Overview:

1. Bollinger Bands (20, 2):

Upper Band (Resistance): $0.04941

Middle Band (Support): $0.04901

Lower Band: $0.04861

Price is trading above the Upper Band, indicating overbought conditions or bullish momentum.

2. SAR (0.02, 0.2): $0.04853

SAR value supports the uptrend, as it's below the current price.

3. Volume & Volatility:

24h volume at 29.53M DATA indicates active trading, with recent bullish pressure.

Trade Signal:

Momentum: Bullish

Entry Zone: $0.0493 - $0.0495 (current price zone, wait for a pullback near support levels if possible).

Stop Loss: $0.0485 (below SAR and Lower Bollinger Band).

Target Levels 🎯:

1. Target 1 (T1): $0.0500

Psychological resistance, achievable with sustained bullish momentum.

2. Target 2 (T2): $0.0512

Aligned with the Fibonacci extension zone and recent swing highs.

3. Target 3 (T3): $0.0525

Potential breakout level if the bullish trend accelerates significantly.

Trade Momentum:

Short-Term: Strong Bullish (above Bollinger Band).

Medium-Term: Momentum depends on sustaining above $0.049. Pullback to $0.0486 might offer a better risk-reward entry.

Monitor price action closely near resistance at $0.050. If volume fades, be cautious of a reversal or consolidation near the middle Bollinger Band ($0.04901).