$DATA /USDT 1D Technical Analysis

Status: First Signs of Life — But Still Needs Confirmation

🔍 Quick Overview:

DATA has been in a prolonged downtrend since its peak earlier this year, but today's +16.74% daily candle hints at a possible trend reversal attempt.

This move comes right as price reclaims all 3 key moving averages (MA 7, 25, 99) — a technical milestone that hasn’t occurred in months.

📈 Bullish Signals:

Strong breakout candle with rising volume

Price is now above the 99-day MA ($0.0162), a potential shift in long-term momentum

Moving averages could flip bullish if momentum sustains over the coming week

🎯 Upside Targets:

Target 1: $0.0185 – Minor local resistance from May

Target 2: $0.0210 – March swing high and strong resistance

Target 3: $0.0250 – Structure-based level from February breakdown

⚠️ Risk Zones:

If price fails to hold above $0.0140–$0.0135, this breakout could be a fakeout.

Rejection from $0.0165–$0.0170 would show sellers still in control.

🧠 Conclusion:

DATA/USDT just broke out of a long downtrend channel. This could be the start of a bigger rally, but the next few candles must confirm the breakout with follow-through and volume. Until then, it’s early-stage bullish speculation — proceed with caution, but stay alert.

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!