$TFUEL /USDT Analysis – Consolidation Phase
Immediate Levels to Watch
Support
$0.06290: Immediate support; losing this level may lead to further downside.
$0.06150: Stronger support zone to monitor for potential rebounds.
Resistance
$0.06550: Immediate resistance; breaking above could signal a short-term recovery.
$0.06750: Key resistance to watch for confirming a bullish reversal.
Suggested Strategy
For Long Positions
Entry: Near $0.06290 with a stop-loss at $0.06150.
Targets: $0.06550 and $0.06750.
For Short Positions
Entry: Below $0.06290 targeting $0.06150, with a stop-loss at $0.06380.
Market Insights
TFUEL is consolidating near its immediate support levels after a significant pullback. Watch for volume increases at key resistance or support zones to gauge the next directional move.