Technical analysis by VIPROSE about Symbol DATA: Buy recommendation (12/14/2024)

DDATA/USDTThe analysis of #DATA/USDT indicates the formation of a widening wedge pattern, suggesting a potential bullish reversal. Currently, the price is positioned at the critical support level of $0.05388, presenting a strong buying opportunity. If this support holds, the price is likely to target resistance levels at $0.09038, followed by $0.11072, and ultimately $0.13227. Investors are advised to monitor these levels closely and manage risks by placing stop-loss orders below the support level.