Supermarket have super up trend.
Technical Analysis: $SUPER
/USDT
As we analyze the SUPER/USDT trading pair, we observe a positive momentum with the current price at $1.1290, reflecting a 9.48% increase in the last 24 hours. This upward trend is supported by the following key indicators:
Short-term Moving Averages:
MA(7): 1.0658
MA(25): 1.0517
MA(99): 0.9235
Key Levels to Watch:
1. First Target: $1.1380 đŻ
This level corresponds with the 24-hour high. A breakout above this resistance could indicate a continuation of the bullish trend.
2. Second Target: $1.1515 đŻ
This level represents a significant psychological barrier. A successful test and hold above this level may attract further buying interest.
3. Third Target: $1.2000 đŻ
A key psychological level that traders may look to for potential profit-taking or reversal opportunities.
Market Depth:
24h Volume (SUPER): 8.20M
24h Volume (USDT): 3.3M
Current Depth: 8.81M
With the increasing trading volume and bullish momentum, traders should remain cautious of potential pullbacks while keeping an eye on these target levels. It's crucial to manage risk effectively and stay informed about market conditions.
