$T Technical Update – Breakout in Play?
T token is making waves with a strong 11.70% pump, hitting a high of $0.03765 before retracing to $0.02951. 🔥
Key Observations:
1. Moving Averages (MA):
• MA(7): $0.03081
• MA(25): $0.02825
• MA(99): $0.02623
• Prices still trade above MA(99), indicating bullish momentum in the short term.
2. Volume Surge:
• Massive trading activity with 1.4B T traded in the last 24 hours.
3. Support Levels:
• Strong base at $0.02476, which could hold against any immediate pullbacks.
4. Resistance Ahead:
• The high at $0.03765 is the next key level to break for a continuation of the uptrend.
Potential Strategy:
Watch for a consolidation above $0.028 to confirm strength before the next breakout attempt. Bulls need to maintain momentum to retest recent highs.
Trend: Still bullish, but a healthy correction is underway. 📉📈
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