💥$LEVER /USDT Testing Resistance After a Massive 56.63% Surge!🔥
🌟Current Price: 0.000780 USDT (+56.63%)
🌟24-Hour High: 0.000890 USDT (Significant resistance zone).
🌟24-Hour Low: 0.000484 USDT (Critical support area).
Volume (24H):
🌟LEVER: 43.86B
🌟USDT: 30.16M
⚡LEVER has exhibited a remarkable rally and is currently testing resistance near 0.000890 USDT. With strong momentum driving the price higher, a breakout or a pullback could be imminent.
⚡Technical Indicators 🧩
1. Bollinger Bands: Widening, indicating increased volatility with price near the upper band.
2. RSI: Approaching overbought conditions, caution is advised for potential corrections.
3. MACD: Bullish momentum remains intact, with no signs of divergence.
4. Support Zone: At 0.000484 USDT, acting as a crucial support area.
⚡Trading Setup 📝
🎖️Bullish Scenario
Type: Breakout Continuation
👉Entry Point: Above 0.000785 USDT (confirmed breakout with strong buying volume).
👇Take-Profit Targets:
🎯TP1 (1:1): 0.000820 USDT
🎯TP2 (1:2): 0.000850 USDT
💢Stop Loss: Below 0.000770 USDT
🎖️Bearish Scenario
Type: Pullback Trade
👉Entry Point: Below 0.000770 USDT (confirmed rejection at resistance).
👇Take-Profit Targets:
🎯TP1 (1:1): 0.000750 USDT
🎯TP2 (1:2): 0.000730 USDT
💢Stop Loss: Above 0.000780 USDT
⚡Risk Management Strategy ⚠️
For Bullish Setup, move Stop Loss to Breakeven after hitting TP1 (0.000820 USDT) and secure partial profits (~50%).
For Bearish Setup, adjust Stop Loss to Entry once TP1 (0.000750 USDT) is achieved to lock in gains.
⚡Key Observations ✍️
1. Validate breakout or breakdown moves with strong trading volume to avoid false signals.
2. Watch the 0.000890 USDT resistance level closely—its breach could lead to further upside, while failure to break could trigger a retracement.
3. Implement disciplined risk management given the heightened volatility in this price range.
Disclaimer: #DYOR*
Buy Or Trade With Me On $LEVER