ID / TetherUS

SPACEID IDUSDT Price analysis (4h)

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Hey, fellow traders and investors! 🤝 Let's dive into the price analysis of SPACE ID! 🚀🌌

📉 Currently, SPACE ID is consolidating in a semi-Triangle, semi-Wedge pattern, creating an interesting setup for potential trades. 🔄 Trading this pattern might be a bit tricky, but don't worry – we've got you covered! 🔍

🚀 Despite the consolidation, the price appears to be oversold for this local period, hinting at a potential weak breakout to the upside in the coming days. 📈 Our targets for the breakout are set at $0.28, $0.30, and $0.32 resistance levels. 🎯

💹 Overall, the trend for IDUSDT seems bearish, and there's a possibility of it reaching another lower low around $0.15. This zone could be a strong buy area for those looking to catch a potential price reversal. 🛒📉

Keep an eye on the price action of SPACE ID, practice risk management, and always be prepared for any market fluctuations! 🚀💹✨

Remember to stay informed, practice sound risk management, and always be prepared for market fluctuations. Happy trading! 🌌🚀

Penafian

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