$THE USDT BREAKS ABOVE KEY LEVELS WITH STRONG BULLISH MOMENTUM BUILDING
$THE USDT has shown an impressive +11.75% surge to $0.3109, gaining strength after rebounding from the 24h low of $0.2502 and testing resistance near $0.3153. The sustained buying pressure and rising volume highlight strong market interest, positioning the pair for a potential continuation of its upward trend.
Key Technical Levels:
Resistance: $0.3153 ā $0.3200 (immediate breakout zone)
Support: $0.2947 ā $0.2845 (near-term demand zone)
RSI (6): 62.51 ā Bullish momentum, nearing overbought but still with room to extend higher.
Analysis:
The RSI above 60 indicates growing bullish strength, suggesting momentum buyers are stepping in. If price closes above $0.3153, it could trigger a continuation toward $0.3300ā$0.3450. However, failure to hold $0.2947 may lead to a retest of lower supports around $0.2740.
Market Outlook:
s showing bullish continuation potential, backed by strong volume and positive momentum. Traders should monitor for consolidation above $0.3050 as a sign of strength before another leg upward.
š Bias: Bullish ā Continuation likely if $0.3153 breakout holds with rising volume confirmation.
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