$LEVER šŸ’ÆšŸ”„

/USDT Technical Analysis & Trade Signal

Current Price: 0.000809 USDT

24h Change: +61.80%

24h High: 0.000890 USDT

24h Low: 0.000484 USDT

Technical Indicators:

Support: 0.000484 USDT (recent 24h low)

Resistance: 0.000890 USDT (recent 24h high)

EMA: The price is above the 50-period and 200-period EMAs, indicating a bullish trend.

RSI: RSI is currently in the 70+ range, suggesting overbought conditions, which might indicate the potential for a pullback.

Trade Signal:

Bullish Momentum: Strong upward momentum due to the price surge, but caution is advised as the market might be overextended in the short term.

Trend: Bullish, as long as price stays above 0.000484 USDT (support level).

Target Levels šŸŽÆ:

Target 1: 0.000850 USDT – near resistance, possible consolidation before further movement.

Target 2: 0.000890 USDT – testing the 24-hour high, potential breakout if momentum continues.

Target 3: 0.000950 USDT – potential continuation if bullish momentum remains strong.

Trade Momentum:

Short-Term: Bullish, with potential for a pullback if RSI continues above 70.

Long-Term: The market sentiment seems positive, with higher lows forming, suggesting continued bullish potential.

Recommendation: Enter near the support level of 0.000809 USDT, with target exits at 0.000850 and 0.000890 USDT. Consider trailing stops to secure profits, and watch for a pullback if RSI exceeds overbought territory (above 70).

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