#Coin #DEEP is moving in a positive trend after a strong rally that delivered gains of more than +11.93%. It rose from a low of 0.02090$ to a high of 0.02488$ before entering a retest and consolidation phase.
📊 15-minute chart indicators:
• The price is currently trading at 0.02365$.
• The price has held above the MA(7) moving average at 0.02358$, while preparing to break through the MA(25) at 0.02387$ to continue its upward move.
• The key near-term support is at 0.02211$ (MA99).
🎯 Key levels to watch:
• Support: 0.02330$ then 0.02210$.
• Resistance: 0.02387$ then 0.02488$.
💡 Trading outlook:
A breakout above 0.02387$ and holding above it would be an excellent signal for a retest of the 0.02488$ high, followed by potentially higher targets. It is preferable to place a stop-loss below 0.02200$ to limit risk.
⚠️ Trading involves risk. This is not financial advice.
#DEEP #DEEPUSDT #BinanceSquare #CryptoAnalysis #TechnicalAnalysis $DEEP
📊 15-minute chart indicators:
• The price is currently trading at 0.02365$.
• The price has held above the MA(7) moving average at 0.02358$, while preparing to break through the MA(25) at 0.02387$ to continue its upward move.
• The key near-term support is at 0.02211$ (MA99).
🎯 Key levels to watch:
• Support: 0.02330$ then 0.02210$.
• Resistance: 0.02387$ then 0.02488$.
💡 Trading outlook:
A breakout above 0.02387$ and holding above it would be an excellent signal for a retest of the 0.02488$ high, followed by potentially higher targets. It is preferable to place a stop-loss below 0.02200$ to limit risk.
⚠️ Trading involves risk. This is not financial advice.
#DEEP #DEEPUSDT #BinanceSquare #CryptoAnalysis #TechnicalAnalysis $DEEP