๐ S/USDT Spot Analysis (1D Chart Analysis)
๐ป Current Price: $0.3207
๐๏ธ Date: July 10, 2025
๐ S/USDT has been in a clear downtrend for the past few weeks, as marked by the red trendline. It has been rejected from resistance each time and has been seen moving lower.
๐ Breakout Signal:
The recent large green candlestick has shown strength by breaking the trendline. The price is then consolidating at a strong support zone (green box), which could indicate a bullish accumulation phase.
๐ Target Level:
According to the bullish projection given on the chart, if this consolidation breaks and moves to the upside, the first target could be $0.45 and potentially even closer to $0.75.
๐ข Key Support: $0.30
๐ด Key Resistance: $0.34 - $0.36
๐ Special Note:
According to this chart, there is a possibility of a trend reversal. However, be sure to monitor volume and market confirmation before taking a trade.
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