LISTA/USDT Technical Analysis Testing Key Resistance with Bullish Momentum
$LISTA

Currently LISTA USDT is trading around 0.4215 with a slight increase of 0.38 percent
The nearest resistance levels are at 04569 and 04813 while the closest support is in the range of 0.4000 to 04126

Moving Average MA The 200 period SMA is at 03809 indicating a long term bearish trend however the price has moved above this SMA suggesting potential trend reversal

RSI The RSI is at 6577 approaching the overbought zone but still indicating some room for further upward movement
MACD The MACD shows a positive histogram indicating strong bullish momentum with potential for continued upward trend in the short term

Bullish Scenario
If LISTA USDT can break through the resistance at 0.4569 and sustain above this level the next potential target would be 0.4813 This breakout could signal a strong continuation of the uptrend

Bearish Scenario
If the price fails to break through resistance and falls back below the support at 0.4000 the bearish trend may continue with the next support target around 03809 which is also the level of the 200 period SMA

Disclaimer:

This analysis is provided for educational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.

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