๐จ $SUPER /USDT โ Breakout Confirmed or Overbought Trap? ๐ฅ
$SUPER is on fire, up over 17% with strong bullish momentum. But can this NFT gem hold above $0.60 or is a cooldown incoming? Letโs dive into the charts! ๐
๐ Market Overview
๐ Current Price: $0.6132
๐ 24h High: $0.6292
โ๏ธ 24h Low: $0.5063
๐ Parabolic SAR: Not specified, but likely below current price (uptrend support!)
๐ MACD Momentum: (Estimation based on trend)
DIF: Bullish
MACD Line > Signal Line โค Bullish momentum building
๐ RSI (6): 70.30 โ Entering overbought zone โ caution near key resistance
๐ Moving Averages:
MA(7): $0.6080
MA(25): $0.5580
MA(99): $0.5505
โก๏ธ Short-term price above all MAs โ strong bullish signal!
๐ SUPER Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If SUPER Holds Above $0.6000):
Entry: Above $0.6150
Targets: $0.6370 โ $0.6700 โ $0.7100
Stop-Loss: $0.5820
๐น Bearish Scenario (If SUPER Fails Below $0.5820):
Entry: Below $0.5800
Targets: $0.5500 โ $0.5200 โ $0.4700
Stop-Loss: $0.6150
๐ Should You Hold or Sell?
โ Breakout above $0.60 confirms bullish momentum
โ RSI above 70 = strong trend, but also risk of correction
โ ๏ธ If volume fades or $0.5820 breaks, expect pullback toward mid-$0.50s
โ RSI overbought โ not the best spot to enter fresh longs without confirmation
๐ก Pro Tip:
๐ Watch the $0.6150 level closely โ a strong daily close here could open doors toward $0.70+
โ ๏ธ Overbought RSI needs volume confirmation to sustain the moveโno volume = possible fakeout!
๐ข Are you riding the wave or waiting for a dip? Letโs talk below!
๐ฅ LIKE & SHARE if you caught this breakout! More alpha dropping soon! ๐