The price of the US Dollar (USD) has risen sharply against Tether (USDT) from a level of 0.01050 USD, reaching a peak of 0.01290 USD, supported by a trading volume of 28.1 million USD. The price is now stabilizing around the level of 0.01242 USD, paving the way for either a continuation of the rise or a short-term decline. Current price range: • Support area: 0.01120 USD - 0.01160 USD Immediate resistance: 0.01290 USD (recent peak).
Trading settings:
Entry area: 0.01220 USD - 0.01240 USD
Take profit point 1: 0.01290 USD
Take profit point 2: 0.01340 USD
Take profit point 3: 0.01410 USD. Stop loss: below 0.01120 USD to protect against collapse risks.
If momentum returns and breaks the level of 0.01290 USD, expect a new push with a strong upward potential!🚀
