/USDT Technical Analysis – Binance Market Update
Current Price: $7.22 (+64.93%)
24H High: $7.73
24H Low: $4.29
Trading Volume (24h):
WING: 7.26M
USDT: $46.16M
Technical Indicators
SAR (Stop and Reverse): 4.561 – indicating a strong upward momentum. SAR is a trailing indicator, and when the price is above SAR, it signals a bullish trend.
MA(5): 1,437,033.41 (5-period Moving Average)
MA(10): 745,797.86 (10-period Moving Average) – Short-term moving averages show a convergence, which could indicate potential consolidation or breakout.
Order Book
Ask: $7.23
Bid: $7.22
Market Depth
81.753% Ask Pressure
66.145% Bid Strength
Targets to Watch
Target 1 – $8.00: With the recent surge, the next psychological level would be around $8.00. If the bullish trend continues, this could be the first resistance level for traders to watch.
Target 2 – $9.50: A breakout above $8.00 could lead to a stronger upward movement, targeting the $9.50 zone. Historically, this level has shown strong resistance, so it will be a key battle for bulls.
Target 3 – $12.00: A move beyond $9.50 could trigger a larger rally toward the $12.00 range. This level would likely depend on strong market momentum and continued positive sentiment around the WING/USDT pair.
Summary: The WING/USDT pair is displaying bullish momentum with a 64.93% increase over the last 24 hours. Technical indicators point to potential further upside, but traders should watch for resistance levels around $8.00 and $9.50. Volume and market depth data suggest growing interest, making it a pair to keep an eye on for future gains.
Trade safely and follow market trends.
