Technical Analysis Report: $USCT/USDT

Current Price: $0.02248 USDT

Resistance: The key resistance level for USCT/USDT is at $0.02353. This level was tested previously and showed significant selling pressure. A break above this resistance might lead to testing higher levels, potentially reaching the 24h high of $0.02718.

Support: The current support level is observed at $0.02177, close to the 24h low of $0.02177. If this level fails to hold, it could indicate a continuation of the downward trend, possibly leading to new lows.

Trade Recommendation:

Long Trade: If the price sustains above $0.02353, consider a long position with the target at $0.02718, placing a stop loss just below $0.02177.

Short Trade: Should the price fall below $0.02177, initiating a short position may be beneficial with the anticipation of a further drop. Set a stop loss just above $0.02177 to minimize potential losses.

$BTC $ETH $SOL #BTCPredictedNewATH #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #NeiroOnBinance #CATIonBinance