$DATA USDT 📉 Market Update – Clean & Simple
#DATA is currently trading at 0.00541 USDT, down -2.87%, showing continued bearish pressure after failing to hold recent highs.
Market Structure:
Price is trading near MA(7) but remains below MA(25) and MA(99), which indicates short-term weakness and sellers still in control.
Support Zone:
0.00525 – 0.00520
Resistance Zone:
0.00555 – 0.00580
Trend Outlook:
As long as DATA stays below 0.00555, upside momentum looks weak. A break below 0.00520 could trigger further downside. Any bounce toward resistance may face selling pressure.
Conclusion:
DATA is in a bearish consolidation phase. A safer approach is to wait for a clear breakout above resistance or a strong support reaction before considering new entries.
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