🚀$DF
DF/USDT Technical Analysis & Targets 🎯
Market Overview:
Current Price: 0.09255 USDT
24h Change: +5.12% (≈ Rs 25.76)
24h High: 0.09662 USDT
24h Low: 0.08450 USDT
24h Volume:
DF: 236.91M
USDT: 21.37M
Technical Insights:
The DF/USDT pair is trending upward, indicating strong bullish momentum with a 5.12% increase in the last 24 hours. With significant trading volume, it is approaching key resistance levels, where further movement depends on market sentiment and volume breakout.
Support Level 1: 0.08850 USDT (Immediate support)
Support Level 2: 0.08450 USDT (24h low and strong support)
Resistance Level 1: 0.09660 USDT (24h high and immediate resistance)
Resistance Level 2: 0.10000 USDT (Psychological level and breakout point)
🎯 Target Levels:
1️⃣ Target 1: 0.09660 USDT
Rationale: Immediate resistance and the 24h high. A breakout can confirm bullish continuation.
2️⃣ Target 2: 0.10000 USDT
Rationale: Psychological level and significant milestone for bullish sentiment.
3️⃣ Target 3: 0.10500 USDT
Rationale: Extended target based on Fibonacci retracement and historical resistance.
Indicators:
MA(5): 10,713,360 – Indicates continued short-term bullish momentum.
MA(10): 11,562,992 – Suggests medium-term buying activity remains strong.
Volume: 3.57M DF in recent trades reflects high trading interest.
Depth Analysis:
AVL: 0.09294 – Current support zone.
Order Book Depth: Strong trading activity concentrated between 0.08850 and 0.09660.
Trading Strategy:
For Bulls: Consider entering on pullbacks near 0.08850 or after a confirmed breakout above 0.09660, targeting 0.10000 and 0.10500.
For Bears: Watch for rejection near 0.09660 to short, targeting the support zone around 0.08850.