1. Accumulation Zone: • The asset has been trading in a narrow range for a prolonged period, indicating interest in buying at these lower price levels.
2. Support and Resistance Levels: • The next major resistance is around 12.228 USDT. • The subsequent resistance is around 16.856 USDT. • The high resistance level is around 23.310 USDT. • The maximum resistance level is around 38.229 USDT.
3. Stochastic RSI: • The Stochastic RSI indicates an oversold condition, suggesting a potential price rebound to the upside.
▫️Expected Trend: The asset is likely to start moving upwards, particularly if it maintains current support levels and breaks through upcoming resistance levels. The upward trend could reach levels of 23.310 USDT and even 38.229 USDT in the long term. #BinanceLaunchpoolTON #LowestCPI2021 #SahmRule #BlackRockETHOptions #Babylon_Mainnet_Launch