$BURGER /USDT – Technical Analysis & Targets 🎯

BURGER is trading at $0.6278, reflecting a sharp decline of -10.93% in the past 24 hours. However, this drop brings potential opportunities as it approaches a key support zone.

Key Levels to Watch:

1️⃣ Support: $0.6225

2️⃣ Resistance Levels:

Target 1: $0.6500 – A minor resistance where short-term traders may take profits.

Target 2: $0.6900 – A stronger resistance aligning with the 4H moving average.

Target 3: $0.7300 – The 24h high, marking a critical breakout zone for bullish momentum.

Indicators Suggest:

RSI: Oversold, signaling a potential rebound.

MACD: Bearish, but momentum is weakening.

Volume: High at 15.33M BURGER, indicating active participation.

Strategy:

Bullish Case: If BURGER holds above $0.6225, watch for a bounce towards $0.6500 and beyond.

Bearish Case: A breakdown below $0.6225 could lead to further downside.

📌 Plan your trades wisely! Set stop-loss levels to manage risks, and always DYOR. BURGER might offer exciting opportunities for both scalpers and swing traders!

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