$DF USDT Price Action Analysis 🔥💯

Market Overview:

The DFUSDT chart on the 30-minute timeframe shows a strong bullish breakout from the consolidation zone near $0.065, reaching a peak of $0.085. However, a slight correction indicates resistance around this level.

Current Price: $0.08015 (down 2.81%)

Trade Levels:

• Long Entry: Look for a retest of the $0.075 support zone, which aligns with the previous breakout level. Ensure confirmation with bullish momentum before entering.

• Short Entry: If price breaks below $0.075, target the next support at $0.070, with a stop-loss above $0.078.

Market Next Move:

The bullish momentum suggests further upside potential if $0.080 is reclaimed and held. The next resistance levels to watch are $0.085 and $0.090. On the downside, a failure to hold $0.075 could lead to a deeper pullback toward $0.070.

Recommendation:

• Long-term: Gradual accumulation near $0.075 for a potential breakout toward $0.090.

• Short-term: Secure partial profits at key resistance levels and adjust stop-loss accordingly.

Action Plan:

Wait for a confirmation candle near support or resistance before initiating trades. Manage risks carefully, as volatility may increase near $0.080.

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