Hello PDA holders and my friends at BINANCE SQUARE 👋🏻
The market was surprised by a sudden vertical movement of $PDA as it surged to $0.01573 before quickly retreating. As the initial rise calms, the pair stabilizes with an upward trend, attempting to regain upward momentum.
Market pulse:
Highest price in 24 hours: $0.01573
Lowest price in 24 hours: $0.01127
Trading volume (PDA): 302.21 million
Trading volume (USDT): 3.86 million
Stochastic RSI: 80.35
Stochastic RSI: 53.96
Chart reading:
A large bullish candle showed significant interest from buyers
The price found support near the $0.0124 area
The order book still leans upward (61.91% green)
The lower highs are narrowing, indicating a potential breakout or fade soon.
What to watch for:
Support: $0.0124
Resistance: $0.0136 then $0.0157
A breakout at $0.0136 opens the door for another test of the recent high if it holds above it.
Failure to hold at $0.0124 may lead PDA back to $0.0115
Summary:
The sudden PDA movement caught attention, but it's now about follow-up. Momentum is still rising; expect clear confirmation of a price breakout or prepare for a gradual decline. Be cautious, this stock is volatile.
Buy and trade from here 👈🏻 $PDA