$CREAM /USDT pair on Binance, highlighting recent performance and potential targets:

$CREAM /USDT Price Analysis – February 2, 2025

Current Price: $11.45

24h High: $12.30 | 24h Low: $9.01

24h Change: +26.52%

24h Volume (CREAM): 1.68M CREAM | 24h Volume (USDT): 17.52M USDT

Exchange: Binance

Market Overview:

The $CREAM /USDT pair has seen a notable 24-hour surge of +26.52%, reaching a high of $12.30 and holding steady around the $11.45 mark. The price action reflects strong buying pressure, with a significant jump from the low of $9.01 in the last 24 hours.

Price Action:

Support Levels: The key support zone is around $9.00, which held strong after recent pullbacks. Traders looking to enter could consider this area as a potential re-entry point, with a solid risk/reward setup.

Resistance Levels: The immediate resistance appears near $12.30. If CREAM can break this level convincingly, we might see an extension towards the next target near $12.47, which aligns with prior highs.

Target Zones:

Short-Term Target: A break above $12.30 could push CREAM towards $12.47, followed by potential resistance around $13.00 if the bullish momentum continues.

Long-Term Target: A sustained rally above $12.47 could open the door to a target of $14.00+ in the mid-term, depending on broader market conditions.

Volume Insight:

The strong trading volume of 17.52M USDT in the last 24 hours suggests increasing interest and liquidity. This level of volume could support further price movement, especially if market sentiment remains positive.

Conclusion:

CREAM has shown impressive bullish momentum recently, with the price rising sharply from $9.01 to $12.30. Watch for potential continuation if $12.30 is broken, with higher targets around $12.47 and $13.00. However, if the market experiences a pullback, $9.00 remains a critical support zone.

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