Technical Analysis for $ID
/USDT:💯🔥
Current Price: 0.4552 USDT
24h High: 0.4613 USDT
24h Low: 0.4452 USDT
Trend: Neutral to Bullish
The pair shows a slight upward momentum (+0.69%) in the last 24 hours. It is testing resistance near 0.4595 and has established support around 0.4452.
Indicators:
Moving Averages: The short-term moving averages indicate a bullish crossover, supporting a potential rise.
RSI: Slightly over 50, indicating potential bullish momentum but without being overbought.
MACD: Shows a positive crossover, reinforcing a bullish signal.
Trade Signal:
Buy: If the price breaks above 0.4595 (near resistance) with increased volume, the bullish trend could continue.
Stop-Loss: Below 0.4450 (support level).
Target Levels:
1. Target 1: 0.4613 (24h high) — Initial resistance.
2. Target 2: 0.4700 — Psychological resistance and a key price level.
3. Target 3: 0.4800 — Extended upward potential.
Trade Momentum:
Strong bullish momentum if price crosses 0.4595 and holds.
Risk of reversal if price drops below 0.4452. Keep an eye on volume for confirmation.