T/USDT ๐ค
Key Data
1. Current Price: $0.03137 (+7.28%)
2. 24h Range:๐
High: $0.03194
Low: $0.02872
3. Volume:๐
T Volume: 226.00M T
USDT Volume: $6.96M
4. Moving Average (MA):๐๏ธ
MA60 (15m): $0.03133
Technical Observations
1. Price Momentum:๐งณ
The +7.28% gain over 24 hours highlights strong bullish momentum.
The price is trading slightly above the MA60, indicating continued upward pressure.
2. Volume Analysis:๐งฑ
A trading volume of $6.96M USDT supports the current rally, with further increases in volume potentially driving additional price gains.
3. Support & Resistance Levels:๐๏ธ
Immediate Support: $0.03100.
Stronger Support: $0.03000โ$0.02872 (24h Low).
Immediate Resistance: $0.03159โ$0.03194 (24h High).
Market Sentiment๐ข
The sentiment appears bullish, with the price trending upward and breaking above key levels. However, resistance near $0.03159โ$0.03194 may limit short-term gains.
Trading Strategy๐
1. Bullish Scenario:
A breakout above $0.03159โ$0.03194 could push the price toward $0.03250โ$0.03300.
2. Bearish Scenario:โณ
A pullback below $0.03100 might lead to a retest of $0.03000 or lower.
Recommendation
Short-Term Trading:
For longs: Enter near $0.03130, targeting $0.03159โ$0.03194, with a stop-loss below $0.03100.
For shorts: Look for rejection near $0.03194, targeting $0.03100, with a stop-loss above $0.03220.
Mid-Term Outlook:
Sustained trading above $0.03150 could confirm a continuation of the bullish trend.
