🚨 $UFT /USDT: On the Edge of a Downtrend! 🚨
$UFT is trading at $0.3626, marking an 11.21% drop over the past 24 hours. After reaching a peak of $0.4239, the price faced strong rejection and has declined toward the day's low of $0.3610.
💡 Key Levels to Watch:
Resistance: $0.4000 – A rebound above this level is needed to regain bullish momentum.
Support: $0.3380 – This critical zone must hold to avoid further downward pressure.
📊 Market Insights:
Bearish Sentiment: The price is consolidating at lower levels, reflecting potential continuation of selling pressure.
Recovery Potential: A sustained bounce above $0.3700 could spark renewed interest from buyers.
🔥 Trading Tip: Monitor the $0.3600-$0.3380 range closely for potential breakouts. Adjust stop-losses to protect capital against high volatility.
#UFT #BinanceTrading #CryptoMarkets #DeFiSignals #TradeSmart