🔥$T is showing strong bullish momentum but is currently facing resistance💥
Current Price: $0.02073
⚡The chart shows the price of T/USDT on a 4-hour timeframe. The current price is $0.02073 USDT, reflecting a 37.19% increase in the last 24 hours.
⚡The price has been moving upward, starting from a low of $0.01478 USDT and reaching a high of $0.02515 USDT.
⚡Resistance Zone:
The price is facing resistance near $0.02515 USDT, where sellers are active. This level has caused a pullback to the current price.
⚡Support Zone:
The support level is around $0.01478 USDT, which is the 24-hour low. Buyers might step in at this level to stabilize the price.
⚡Indicators Overview:
The chart includes technical indicators like candlesticks, order book data, and volume insights.
⚡Green candlesticks represent periods where the closing price was higher than the opening price, while red candlesticks show the opposite.
⚡Volume Insight:
The 24-hour trading volume is 1.96 billion T, showing strong market activity.
👉Trade Setup Possibilities:
Breakout Trade (Bullish Bias):
👉Entry (Buy): Above $0.02520 USDT after a confirmed breakout with strong volume.
💢Stop Loss: Below $0.02450 USDT.
👇Take Profit Targets:
🎯TP1: $0.02650 USDT
🎯TP2: $0.02800 USDT (if momentum continues).
Rejection Trade (Bearish Bias):
👉Entry (Sell): If the price gets rejected near $0.02515 USDT.
💢Stop Loss: Above $0.02520 USDT.
👇Take Profit Targets:
🎯TP1: $0.01800 USDT
🎯TP2: $0.01600 USDT (closer to support levels).
⚡T/USDT is showing strong bullish momentum but is currently facing resistance at $0.02515 USDT. A breakout above this level could lead to further gains, while rejection might trigger a pullback. Watching for volume confirmation is crucial to decide the next move.
Disclaimer: #DYOR*
Buy Or Trade With Me On $T