$LEVER /USDT Daily Chart Analysis – 🚀 Bullish Reversal with Strong Momentum

Current Price: $0.000661 (+22.86%)

Daily Range: High: $0.000672 – Low: $0.000539

🔹 Key Technical Insights:

Trend & Price Action:

✅ LEVER has surged by +22.86% today, indicating strong bullish momentum.

✅ The price is moving above key moving averages, suggesting a reversal from previous downtrend.

✅ Bollinger Bands are expanding, signaling increased volatility and potential for further upward movement.

Moving Averages (MA):

✅ SMA 5, 10, 20, 50 → All Bullish → Strong confirmation of the uptrend.

Momentum Indicators:

RSI (D: 61.17, 15: 66.32, 60: 74.78, 240: 85.15) → Neutral to bullish ⚠️

Stochastic RSI: Bullish crossover → Indicates potential for further upward momentum ✅

MACD: Bullish crossover → Confirming the bullish trend ✅

ADX: Bullish crossover → Trend gaining strength ✅

MFI (Money Flow Index): Overbought → Suggests potential for a short-term pullback ⚠️

VWAP: Uptrend → Indicates continued buying pressure ✅

📉 Support & 📈 Resistance Levels:

📈 Resistance: $0.000672, $0.00075, $0.001

📉 Support: $0.000539, $0.00050, $0.00045

⚠️ Outlook & Trading Plan:

✅ Bullish Scenario: A break above $0.000672 could lead to further gains toward $0.00075 - $0.001.

⚠️ Bearish Risk: Given the overbought MFI and RSI, a pullback to $0.000539 or lower could be possible.

📢 Conclusion:

LEVER/USDT is experiencing a strong bullish move, with indicators such as MACD, Stochastic RSI, and ADX all supporting the uptrend. However, overbought conditions on the MFI suggest the possibility of a short-term pullback. Watch for further confirmation of trend continuation or retracement.

#LEVER #Crypto #Trading #TechnicalAnalysis 🚀