🚀💰 𝗟𝗜𝗦𝗧𝗔/𝗨𝗦𝗗𝗧 Analysis 📈📉

• Current Price: 0.4247 USDT

• Trend: Bearish since the high at 0.8605 USDT, currently trading in a descending channel with some corrections.

• Support: 0.2495 USDT

• Resistance: 0.6000 USDT

• Stochastic RSI: In overbought territory, suggesting a potential short-term correction or pullback.

• Volume: Volume is high at 114.76 million, reinforcing the current bullish momentum.

• Buying Pressure vs Selling Pressure: Buying pressure is higher than selling pressure, indicating strong bullish momentum.

• Patterns: Price is trading within a descending channel, which could indicate a continuation of the bearish trend if the channel is not broken.

• Potential targets:

• Short-term: Target 0.8605 USDT if resistance is broken.

Long-term: Target 1.0000 USDT if the bullish momentum continues.

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