$AUDIO / USDT Showing Signs of Potential Reversal on Binance! 📈
Audius ( $AUDIO ) is currently trading at $0.0688 on Binance, showing a positive uptick of 2.23% on the 4-hour chart, recovering from an earlier dip of 4.58%.
The 4-hour chart indicates that after touching the 24-hour low of $0.0671, buying pressure has emerged, pushing the price upwards. The long lower wick on the recent green candle suggests strong demand at lower levels. The 24-hour high stands at $0.0736, leaving significant room for potential gains if this upward momentum continues.
Keep an eye on the $0.0700 resistance level. A decisive break above this could signal a potential short-term bullish reversal and open the door for a move towards the $0.0720 and even the 24-hour high.
Key Levels to Watch:
Potential Support: $0.0680, $0.0671
Potential Resistance: $0.0700, $0.0720, $0.0736
Monitor volume for confirmation of this potential shift in momentum. If buying volume increases, $AUDIO could be poised for further gains in the short term.
