$LEVER LEVERUSDT
Currently trading at
#LEVER š„š„ at a level of 0.000792 and the recent momentum is very weak. The price touched its lowest level in 24 hours at 0.000759, indicating that selling pressure is still high. The volume is also 8.46 billion LEVER, but the USDT volume is only 6.77 million, which seems a bit weak compared to the demand.š
If the price closes below 0.000750, further decline may occur in the short term, as the next support forms near 0.000720. However, if the price bounces from here, immediate resistance will be at 0.000820, and above that, the level of 0.000850 will become a major hurdle.
This area is somewhat risky for immediate traders until the support level of 0.000750 becomes unsafe. Buying is only safe when the daily price closes above 0.000820.
For futures traders, momentum currently seems to be on the short side. If the level of 0.000750 is breached, there may be a good opportunity for short selling, but strict risk management is essential.
Professional tip: 0.000750 is a critical area, and you will get a strong rebound above it and a chance for a sharp drop below it.
3-step buying plan:
Try to enter first if it gets support around 0.000760.
Second entry tab at breaking resistance of 0.000820 and closing above it.
Strong confirmation for the third entry after daily breakout above 0.000850.
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