ZEUSUSDT: Potential gems, Strong FA!!
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Let's analyse ZEUSUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Zeus Network serves as a cross-chain communication layer implemented on SVM. The first mission of Zeus Network is to introduce Bitcoin liquidity to Solana, through the first DApp APOLLO.
TECHNICAL ANALYSIS:
ZEUSUSDT has successfully broken out of a technical pattern, signaling a potential uptrend. The recent retest of the breakout level is a positive indicator.
Key technical factors supporting the bullish outlook:
Price Support: The price is currently supported by the 50-day moving average.
Increased Volume: A significant rise in 24-hour trading volume suggests growing interest.
RSI Bullish Divergence: The Relative Strength Index (RSI) is showing a bullish divergence, indicating a potential reversal from oversold conditions.
Buying Levels:
$0.2268 to $0.1468
Target Levels:
$0.3448
$0.5514
$0.9832
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse ZEUSUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Zeus Network serves as a cross-chain communication layer implemented on SVM. The first mission of Zeus Network is to introduce Bitcoin liquidity to Solana, through the first DApp APOLLO.
TECHNICAL ANALYSIS:
ZEUSUSDT has successfully broken out of a technical pattern, signaling a potential uptrend. The recent retest of the breakout level is a positive indicator.
Key technical factors supporting the bullish outlook:
Price Support: The price is currently supported by the 50-day moving average.
Increased Volume: A significant rise in 24-hour trading volume suggests growing interest.
RSI Bullish Divergence: The Relative Strength Index (RSI) is showing a bullish divergence, indicating a potential reversal from oversold conditions.
Buying Levels:
$0.2268 to $0.1468
Target Levels:
$0.3448
$0.5514
$0.9832
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Note
Nice bounce from entry point.
30% up.
Trade closed: target reached
All targets achieved!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.