Technical Analysis: LISTA/USDT (Binance) | Key Price Targets 🎯
The LISTA/USDT pair has shown strong bullish momentum recently, with a 24-hour price increase of +8.06%. As of now, the price is trading around $0.3634, but key technical indicators suggest further movement potential. Let's break down the analysis and look at three critical price targets for the near term:
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1. Immediate Resistance: $0.3683 📈
Level: $0.3683 is the recent 24-hour high and represents a strong resistance zone. This level has been tested multiple times, and breaking above it would indicate continued upward momentum.
Key Insight: A successful breakout above $0.3683 could push the price to the next resistance levels.
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2. Support Level: $0.3484 🔒
Level: The SAR indicator suggests a potential support zone at $0.3484. This level provides a key point for buyers to step in if the price retraces.
Key Insight: If the price moves lower, $0.3484 will likely act as a strong buying zone, offering a potential opportunity for long positions with a tight stop loss.
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3. Target for Bullish Continuation: $0.3702 🎯
Level: The next significant resistance is around $0.3702. If momentum continues to push higher, this will be the next target to watch.
Key Insight: Breaking through $0.3702 could signal the beginning of a more aggressive uptrend, possibly opening the way for higher price levels.
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