$LISTA /USDT is showing signs of a potential reversal attempt after a prolonged downtrend. Here's a breakdown of the technical snapshot ¹:
- *Current Price*: $0.2070
- *Moving Averages*:
- MA 7: $0.2032 (price has reclaimed it)
- MA 25: $0.2153 (near-term resistance)
- MA 99: $0.2289 (mid-term resistance, trending down)
The recent candles suggest a minor bullish divergence, with buyers testing the 25 MA. However, volume remains modest, so confirmation is still lacking.
*Potential Targets*:
- *Target 1*: $0.2150 — testing the 25 MA resistance
- *Target 2*: $0.2280 — near 99 MA and structural support from late May
- *Target 3*: $0.2450 — horizontal resistance from previous consolidation
*Support Levels*:
- *Immediate Support*: $0.20 psychological level
- *Risk Level*: If broken, risk of returning to $0.1850 zone
The bias is cautiously bullish in the short term if the price sustains above $0.2070. A confirmed close above the 25 MA would validate bullish continuation ².
Some analysts predict a potential gain of 10-50% with a short-term target of at least 10%+ from the current price. Others see a target price of $0.30, representing a 60.04% gain. However, the technical indicators suggest a sell signal, with 11 indicators calling for a sell and only 3 for a buy ¹ ³.
It's essential to do your own research and consider multiple perspectives before making any trading decisions.
