Important.
The XAUT/USDT pair shows an excellent buying opportunity after completing a healthy pullback and is ready to rebound.
Technical rebound structure
Price hit a recent low near 4,059.82 and shows intentions to stabilize.
It is in an ideal discount zone after moving away from the daily high of 4,086.30. The trend line is flattening, which reduces prior selling pressure.
Potential for a free rise
Total volume over the last 24 hours is strong, reaching 15.02M USDT.
The current distance from the MA60 average (4,065.23) acts like a magnet that will pull the price upward in the short term.
The daily low of 3,979.13 is completely behind and defended by buyers.
$XAUT
#BinanceSquareFamily #PublicayGana #white2Earn
The XAUT/USDT pair shows an excellent buying opportunity after completing a healthy pullback and is ready to rebound.
Technical rebound structure
Price hit a recent low near 4,059.82 and shows intentions to stabilize.
It is in an ideal discount zone after moving away from the daily high of 4,086.30. The trend line is flattening, which reduces prior selling pressure.
Potential for a free rise
Total volume over the last 24 hours is strong, reaching 15.02M USDT.
The current distance from the MA60 average (4,065.23) acts like a magnet that will pull the price upward in the short term.
The daily low of 3,979.13 is completely behind and defended by buyers.
$XAUT
#BinanceSquareFamily #PublicayGana #white2Earn