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/USDT TECHNICAL ANALYSIS – MARKET UPDATE šŸ“‰

Current Price: $0.3832

24H High / Low: $0.4209 / $0.3454

24H Volume: 6.95M $HEI / 2.71M USDT

šŸ’„ Market Insight:

is showing strong bearish pressure, currently trading below key moving averages:

MA(7): $0.3947

MA(25): $0.4113

MA(99): $0.4288

The RSI(6) is at 28.74, indicating oversold conditions and potential for a short-term rebound. However, immediate support is near $0.345, while resistance levels stand at $0.388 and $0.412.

šŸŽÆ Targets for Traders:

Short-term bounce: $0.388 – $0.392

Medium-term resistance: $0.412 – $0.428

Critical support to watch: $0.345

āš ļø Summary:

Momentum remains bearish, but oversold conditions suggest possible recovery. Traders should monitor support and resistance closely and plan entries accordingly.

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