$T Update: Testing Resistance, Momentum Building!
$T is trading at $0.02836, showing a notable recovery after rebounding from its low of $0.02676. The price is approaching the resistance level, indicating potential for further upward movement if momentum sustains.
Key Levels to Watch:
Resistance: $0.02839 – A breakout here could trigger a rally toward $0.02900 or higher.
Support: $0.02792 – Holding above this level is essential to sustain the current uptrend.
Trade Setup:
Entry Point: $0.02836
Targets:
1. $0.02860
2. $0.02900
3. $0.02930
Risk Management:
Stop-loss: $0.02780
Market Insight:
Volume is rising, suggesting strong buying pressure as $T approaches the resistance zone. However, failure to break $0.02839 could result in a short-term retracement toward support at $0.02792.
Keep a close eye on these levels for a confirmed breakout!
