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Trading activity has resumed an upward path since price action touched the support level at the $0.002000 mark. The market rebounded and has progressed upward. Let’s see where the market may head.
Key TAMA Statistics on July 6, 2024:
TAMA’s Price: $0.002184
Tamadoge Market Capitalization: $3,149,417
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1932
Key Price Levels:
Resistance: $0.002500, $0.003000, and $0.003500
Support: $0.002000, $0.001500, and $0.001000
TAMA/USDT Volatility Appears Healthy
A careful observation of the Tamadoge 4-hour market reveals that the market is moderately volatile at this point. This has aided a quick rebound off the tested support at the $0.002000 mark.
Furthermore, even though the ongoing session has presented some downward correction, the market can still be seen maintaining a general upward path since taking off from the support at the $0.002000 mark. Also, the Stochastic Relative Strength Index (SRSI) indicator lines are still in the oversold region. This affirms the earlier opinion that the market has a general upside trajectory.
The Found Support among the 20-Day EMA in the Tamadoge Market Is Still Holding
The ongoing session in the Tamadoge 1-hour market has presented a sharp correction from the upward path. However, we can see that the support found around the 20-day EMA lines is still holding. This can be seen as price action continues to hover around the 20-day lines. Likewise, the SRSI indicator lines are still hovering in the overbought region.
Consequently, this shows that the market may still have a promising prospect in subsequent sessions. So, traders may want to set their trades using crypto signals aiming at the $0.003000 level. In addition, this token is still in its early stages, and buying into it now may eventually yield impressive returns. Also, your Tamadoge pet needs to be well-fed; show your pet maximum love.
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