$DF /USDT – Bearish Correction in Progress!

Momentum Analysis: DF/USDT is currently experiencing a decline of -8.83%. The price has moved between $0.07501 (low) and $0.08680 (high) in the last 24 hours, with a slight bearish correction near the $0.07539 support zone. This indicates a possible continuation of the downtrend if support breaks further.

Long Setup: Not ideal for long positions right now. However, for those considering a bounce trade:

Entry Zone: $0.07442 (next potential support)

Target Levels:

T1: $0.07800

T2: $0.08000

T3: $0.08300

Stop Loss: $0.07300 (below support zone)

Breakout Confirmation Level & Key Support: The breakout confirmation would be above $0.07961 to target higher resistance levels. Key support lies at $0.07442.

Pro Tip for Traders: Given the current downtrend, short-term traders should wait for signs of stabilization or a potential reversal before entering long positions. Look for consolidation near key support before committing.

Relevant Hashtags: #DFUSDT #CryptoTrading #BearishCorrection #DeFi #Binance