$DATA Is Moving Unpredictable way let's see the next move by the way strategy is given below
DATA is currently trading at $0.04967, up 0.65% in the last 24 hours. The price has been fluctuating within a consolidation zone, with resistance at $0.05100 and support at $0.04800. This sideways movement indicates indecision in the market.
Key Levels:
Resistance: $0.05100
Support: $0.04800
Potential Scenarios:
A breakout above $0.05100 could push DATA toward $0.05300 and $0.05500.
A breakdown below $0.04800 might see a retest of $0.04600.
Trading Strategy:
Long Entry: Above $0.05100 with targets at $0.05300 and $0.05500.
Short Entry: Below $0.04800 with a target of $0.04600.
Stop Loss: Tighten below $0.04800 for long positions or above $0.05100 for short positions.
Monitor the price action closely for a decisive breakout or breakdown.
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