$S /USDT Technical Analysis – 24 June 2025
📌 Market Snapshot
Last Price: $0.2938
Change (24h): +15.99% 🔼
24h High / Low: $0.2944 / $0.2500
24h Volume (S): 131.17M
24h Volume (USDT): $36.21M
Exchange: Binance
Category: Layer 1 / Layer 2 Token
Status: Top Gainer 🚀
📊 Price Action & Structure
Current price ($0.2938) is just slightly below the 24h high ($0.2944), indicating bullish momentum near the peak.
Recent strong uptrend from the $0.25 support zone with significant buying volume — breakout confirmation likely if $0.295 is breached.
🔍 Key Support & Resistance Levels
Level Type Price Strength
Resistance 1 $0.2944 🔼 Weak — Retest Zone
Resistance 2 $0.2954 🔼 Strong — Breakout Trigger
Support 1 $0.2871 ✅ Recent Rejection
Support 2 $0.2758 🛡️ Former Base
Support 3 $0.2500 🧱 Major Support (24h low)
📈 Technical Outlook
Price is testing resistance at $0.2944–0.2954. A clean breakout here may send it to psychological levels like $0.30+.
Volume and volatility confirm strong trader interest — this is not a weak rally.
✅ Trade Ideas
🔸 Bullish Scenario (Momentum Play):
Entry: On breakout above $0.2955 with confirmation
Target 1: $0.305
Target 2: $0.325
Stop: Below $0.287
🔸 Pullback Buy Scenario:
Entry: $0.275–$0.283 zone
Target: Retest of $0.294
Stop: Below $0.25
📉 Risk Notes
If $0.295 fails multiple times, expect a short-term pullback to $0.275.
Keep an eye on Bitcoin’s direction — altcoins are highly correlated.
Would you like an advanced analysis (MACD, RSI, Fib levels, or candlestick pattern breakdown)?
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