đ CREAM/USDT Technical Analysis:
đ Overview:
Pair: CREAM/USDT
Current Price: $23.70
24h High: $27.10
24h Low: $23.90
Volume (CREAM): 2.15M
Volume (USDT): 51M
đ Key Observations:
1. Support and Resistance Levels:
S1 (Support Level 1): Holding strong at $17.40.
R1 (Resistance 1): Critical level at $55.09.
R2 (Resistance 2): Potential breakout level around $80.
2. Trend and Momentum: Daily chart shows significant volatility, suggesting bearish sentiment. Ascending channel breakout from $43 to $71.34 indicates strong bullish momentum.
3. Potential Targets:
In case of a breakout, consider targets at $85.54, $92.03, $98.51, $107.75, and $119.51.
đ Risk Management:
Always use a stop loss and conduct thorough analysis before opening any position.
Stay informed and profitable! đ#CREAM #CREAMCoin #MarketDownturn
