$PDA is currently trading at approximately $0.01142 USD, reflecting a modest increase of about 6.20% in the last 24 hours. The price has been fluctuating between $0.01064 and $0.01337, indicating a period of consolidation.
Technical indicators present a mixed outlook. The Relative Strength Index (RSI) is hovering around the neutral 50 mark, suggesting neither overbought nor oversold conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a slight bullish crossover, hinting at potential upward momentum.
For those considering a long trade, a confirmed breakout above the $0.01337 resistance level with increased volume could signal a bullish trend continuation. Conversely, a drop below the $0.01064 support level might present a short trade opportunity, targeting lower support zones.
Beginner traders should exercise caution during such consolidation phases. It's essential to wait for clear signals before entering a trade and always employ proper risk management strategies, such as setting stop-loss orders to mitigate potential losses.
Buy and Trade here $PDA
