T/USDT 🤑
Key Data
1. Current Price: $0.03137 (+7.28%)
2. 24h Range:📈
High: $0.03194
Low: $0.02872
3. Volume:🌟
T Volume: 226.00M T
USDT Volume: $6.96M
4. Moving Average (MA):🏎️
MA60 (15m): $0.03133
Technical Observations
1. Price Momentum:🧳
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:🧱
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:🖋️
Immediate Support: $0.03100.
Stronger Support: $0.03000–$0.02872 (24h Low).
Immediate Resistance: $0.03159–$0.03194 (24h High).
Market Sentiment🏢
The sentiment appears bullish, with the price trending upward and breaking above key levels. However, resistance near $0.03159–$0.03194 may limit short-term gains.
Trading Strategy📊
1. Bullish Scenario:
A breakout above $0.03159–$0.03194 could push the price toward $0.03250–$0.03300.
2. Bearish Scenario:⏳
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 $0.03159–$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.
