SuperVerse (SUPER) has been consolidating within a narrow range between $1.62 and $1.80, with a 24-hour price change of 12.24%. The market shows some volatility, with a high 24-hour volume of $33.98M, and its recent price performance indicates potential breakout zones. The strong recent gains (+2450.74% from the all-time low) suggest there might be some profit-taking or consolidation before the next significant move. Given this, it's advisable to look for price action breaks above or below the consolidation range for a potential short-term scalp.
Trading Strategy:
For Long Position:
Entry Range: $1.79 - $1.80
SL: $1.76
TP: $1.85 - $1.95
For Short Position:
Entry Range: $1.63 - $1.65
SL: $1.70
TP: $1.50 - $1.45
🚨Note: Trade at your own risk. DYOR.