After an impressive rally of 140% from the lower support, the SUPER token has broken above the resistance trendline. Our upper resistance target was set at $0.918, with the price reaching as high as $0.974.
Currently, SUPER is retesting the resistance trendline, and the support range between $0.714 and $0.78 must hold strong. A rebound from this support range could push the price toward a 120% gain, targeting $1.60 (the previous local high).
However, a daily candle close below this support is likely to trigger a pullback, with the price potentially dropping to $0.52 or even $0.40.
Key levels:
- Crucial Support: $0.714-$0.78.
- Rebound Target: $1.6.
- Lower Support: $0.4-$0.52.
DYOR, NFA.
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#SUPER #Crypto