#broccoli714 #broccoli

Based on BROCCOLI714/USDT chart from Binance (1D timeframe), here’s a quick short-term technical analysis:

Key Data:

Current Price: $0.03257

24H Change: +5.71%

24H High/Low: $0.03394 / $0.03031

Recent Close (May 20, 2025): $0.03307

MA(7): 0.03348 (short-term)

MA(25): 0.03497 (medium-term)

MA(99): Not available

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Observations:

1. Price vs Moving Averages:

Price is below the 7-day MA (0.03348), suggesting recent weakness.

Also below the 25-day MA (0.03497), confirming short-term bearish momentum despite today's small gain.

However, it bounced from a recent support around 0.0303 – showing buying interest.

2. Volume Spike:

Recent trading volume is strong (~138M BROCCOLI714), which may suggest a potential reversal or increased trader interest.

High volume on green candles indicates bullish accumulation.

3. Support & Resistance:

Support: Around $0.0300 – $0.0303

Resistance: $0.0335 (near MA7), $0.0350–$0.0360 (next key supply zone)

4. Price Structure:

The coin has recently had a pullback from highs of around $0.08 in April, down to $0.022 in early May.

Now trying to form a higher low, which is bullish if it holds above $0.0300.

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Short-Term Trading Strategy:

Bullish Bias (if price holds above $0.0300):

Entry: $0.0320 – $0.0330 range

Target 1: $0.0345 (MA25)

Target 2: $0.0365 – 0.0380

Stop Loss: Below $0.0300

Bearish Bias (if it fails to hold $0.0300):

Short Entry: Breakdown below $0.0300

Target: $0.0275 – $0.0250

Stop Loss: Above $0.0315

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Conclusion:

BROCCOLI714 is currently in a consolidation zone, trying to recover after a downtrend. Watch the $0.0300 support closely — if it holds, a short-term bounce toward $0.035+ is likely. If it breaks, expect more downside.