🚀 $PDA is on Fire – But Can the Bulls Hold Strong? 🔥
I’m seeing $PDA make a huge move, skyrocketing to a 24-hour high of $0.02689, now trading at $0.02502, up a massive +32.87%! This surge started from a low of $0.01857, signaling major bullish momentum. But the real question is—will it last, or are we looking at a pullback?
🔑 Key Levels I’m Watching:
Resistance: $0.02689 – If PDA breaks through this, we could see it heading toward $0.02800 and beyond.
Support: $0.02150 – If profit-taking kicks in, I’m watching for a dip toward $0.02000.
📈 Trade Setup – Here’s What I’m Eyeing:
Bullish Case: If PDA holds above $0.02450, we could see another leg up, pushing toward $0.02750.
Bearish Case: If it loses $0.02150 support, it could retrace back toward $0.01900.
Stop-Loss: I’d place it below $0.02000 to manage any downside risk.
💡 Market Insight:
Volume Surge: I’m noticing strong buying pressure, which suggests new interest piling in.
Profit-Taking Risk: With such rapid gains, sell-offs could follow. I’ll be watching closely for signs of exhaustion.
Final Thought: If $PDA breaks through $0.02689, bulls might push it to new highs. But if it can’t hold support, a retracement could be on the cards. Keep a close eye on the next move!
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