$NTRN / USDT – Showing Positive Momentum! Can It Break the Recent High? 💪
$NTRN / USDT is currently trading around $0.1432 on Binance, showing a decent positive move of nearly 6%! Let's see if it has the strength to overcome its recent peak.
Key Observations:
* Steady upward movement with consecutive green candles on the 4-hour chart.
* Approaching the 24-hour high of $0.1445, acting as immediate resistance.
* Trading volume appears to be increasing.
Potential Scenarios:
* Breaking the High: If NTRN can decisively break and hold above $0.1445 with strong volume, we could see a push towards the $0.1450 - $0.1460 zone.
* Consolidation Below Resistance: We might see a brief period of consolidation just below this level before a potential breakout attempt.
* Possible Retracement: Failure to break through $0.1445 could lead to a pullback towards the $0.1420 support level.
Key Levels to Watch:
* Resistance: $0.1445 (24h High), $0.1450 - $0.1460 zone.
* Support: $0.1420, $0.1410.
Remember to always trade responsibly and conduct your own thorough research before making any trading decisions. Keep a close eye on that resistance level!
