COMBO/USDT Technical Analysis: Resistance Levels in Focus as Momentum Builds
#COMBOUSDT $COMBO

The 1-hour and 4-hour charts for COMBO/USDT show a significant recovery, with the price testing resistance around $0.410 on the 1-hour chart and approaching the 200-period MA at approximately $0.488 on the 4-hour chart. The RSI on the 4-hour chart is at 64.46, indicating that the asset is nearing overbought territory, while the MACD on the 1-hour chart shows the MACD line at 0.0119 above the signal line at 0.0093, suggesting continued bullish momentum.

Bullish Scenario: If COMBO/USDT breaks above the $0.410 resistance on the 1-hour chart and $0.488 on the 4-hour chart, it could target the $0.480 to $0.500 range, continuing the upward trend.

Bearish Scenario: If the price fails to break these resistance levels and reverses, it may retest support around $0.350, potentially leading to a further decline.

Disclaimer:

The information provided is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies carries a high level of risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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