/USDT Technical Analysis – Binance Update
Current Price: $1.683 (+16.63%)
Targets to Watch:
1. Target 1: $1.70 – A key resistance level. If the price breaks this, we could see further bullish momentum.
2. Target 2: $1.75 – A potential short-term target if the upward trend continues. Look for strong volume support here.
3. Target 3: $1.80 – A longer-term bullish target, signaling a possible breakout to new highs.
Key Levels:
Support: $1.65 – A critical level where we could see buying interest if prices retrace.
Resistance: $1.70 – Breaking above could lead to testing the $1.75 level.
Trading Insights:
Strong volume with 24h highs of $1.726 and lows of $1.398 suggest volatility and potential trading opportunities. Keep an eye on market sentiment to confirm direction.