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P/USDT Rebounds from Local Support — Early Signs of Bullish Momentum Emerging 🔥k Quick Overview Current price: 0.02981 24h High / Low: 0.03120 / 0.02845 Volume (24h): 39.32M P (~1.17M USDT turnover) MA (5): 0.02936 MA (10): 0.02958 MA (20): 0.02960 📉 Chart Read (1H timeframe) The token recently bounced from 0.02845 (local support). The MA lines (5, 10, 20) are all close together — showing price compression / consolidation. Price has slightly crossed above MA(5), suggesting a minor short-term bullish move, but it’s not yet a confirmed reversal. Previous trend: clearly downtrend from ~0.03396 → 0.02845. MACD: MACD line (blue) just crossed above the signal line (yellow) — a potential early bullish crossover. Histogram turning positive → momentum may be building. 🔍 Interpretation The recent bounce with volume at 0.02845 indicates buyers defended that zone — potential short-term support. However, resistance around 0.0312 – 0.0315 may hold if momentum isn’t strong enough. The next move will depend on whether price can sustain above 0.0296 (MA20). If yes → possible retest of 0.031 zone. If rejected → likely revisit of 0.0285 support. Trade Insight (Short-Term) Bullish signal: Confirmed if candle closes above 0.0299–0.0300 with volume. Bearish risk: Below 0.0284, expect further drop. Strategy: Entry idea: wait for breakout > 0.0300 Stop loss: < 0.0284 Target 1: 0.0312 Target 2: 0.0325 $P

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