LOOM/USDT Technical Analysis – Potential 130% Upside

3 天前

LOOM/USDT Technical Analysis – Potential 130% Upside

Current Setup:
LOOM/USDT is displaying a bullish accumulation pattern within the $0.068–$0.065 range, forming a strong base for potential upside movement.

Key Levels:
Entry Zone: $0.068–$0.065 (Accumulation area)
Targets:
Target 1: $0.092 (Initial resistance breakout target)
Target 2: $0.115 (Intermediate resistance)
Target 3: $0.150 (Extended target based on historical price action)
Stop Loss: $0.054 (Below key support for risk management)

Resistance Levels:
A critical resistance zone lies at $0.069–$0.072. A confirmed breakout above this level could initiate a strong upward momentum, leading to significant price appreciation.