Currently, #LEVER/USDT is trading around $0.002203 with a slight increase of 0.14%. The nearest resistance levels are at $0.002500 and $0.002700, while the closest support is in the range of $0.001700 to $0.001900.
The 200-period SMA is positioned at $0.001833, indicating that the price has moved significantly above this level, which suggests potential for a continued bullish trend. The RSI is at 64.20, approaching the overbought zone but still showing room for further upward movement. The MACD displays a positive histogram, indicating strong bullish momentum, which could support continued price gains in the short term.
Bullish Scenario
If LEVER/USDT can break through the resistance at $0.002500 and sustain above this level, the next potential target would be $0.002700. This breakout could indicate a strong continuation of the uptrend.
Bearish Scenario
If the price fails to break through resistance and falls back below the support at $0.001900, the bearish trend may continue, with the next support target around $0.001833, which is also the level of the 200-period SMA.
Disclaimer
This analysis is provided for educational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.
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