š
$CREAM /USDT Market Analysis & Trade Plan
š Uptrend Momentum (+10.53%)
š¹ Current Price: $7.03
š¹ 24h High: $8.25
š¹ 24h Low: $6.11
š¹ 24h Volume: 518,370 CREAM / 3.65M USDT
š Support & Resistance Levels
ā
Support Zones:
š¹ $6.80 - $6.65 ā Immediate support
š¹ $6.20 - $6.00 ā Stronger support if a correction happens
š Resistance Levels:
š¹ $7.50 - $7.70 ā Immediate resistance
š¹ $8.00 - $8.25 ā Breakout zone
š Technical Indicators to Watch
š¹ RSI: Approaching overbought levels, possible consolidation ahead
š¹ MACD: Bullish crossover, indicating continued buying pressure
š¹ Bollinger Bands: Price near upper band, watch for volatility
š Trading Strategy:
š Bullish Scenario: If CREAM holds above $6.80, potential long entry targeting $7.50 - $8.00
š Breakout Play: A close above $8.25 could push CREAM toward $8.50 - $9.00
š Bearish Risk: If price drops below $6.60, expect a retest of $6.20 - $6.00
ā ļø Risk Management:
š¹ Stop-loss: Below $6.60
š¹ Take profits: $7.50 - $8.00 - $8.50
š Final Thoughts:
CREAM/USDT is gaining bullish momentum, with $7.50+ as the key resistance zone. A breakout above $8.25 could trigger further upside, but if support at $6.60 fails, a deeper pullback may occur.
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