Technical analysis by PROFITPULSE10X about Symbol BURGER: Buy recommendation (2/17/2025)

Recent Performance and Technical Indicators:Price Movement: Over the past week, BURGER has experienced a notable rise of about 22.0%. COINGECKOAll-Time High: The token reached its peak price of $28.01 on May 3, 2021, indicating a significant decline since then. COINGECKOAll-Time Low: The lowest recorded price was $0.2020 on February 3, 2025, suggesting a substantial recovery since that point. COINGECKOTechnical Analysis:Recent analyses highlight bullish momentum for BURGER/USDT:Resistance Levels:$0.4675: A recent high; surpassing this could indicate continued upward momentum.$0.5000: A psychological barrier; breaking above may pave the way for further gains.Support Levels:$0.3217: A key support; maintaining above this is crucial for sustaining the bullish trend.$0.3000: Another psychological support; falling below could signal a potential trend reversal.These levels are derived from recent trading data and analyses. BINANCEPotential Targets:If bullish momentum continues, potential upside targets include:$0.5000: Breaking above immediate resistance could lead to this level.$0.5500: Further momentum might drive the price toward this target.$0.6000: Sustained bullish trends could aim for this significant resistance.Stop-Loss Considerations:To manage potential downside risks, consider setting stop-loss orders just below key support levels, such as $0.3217 or $0.3000, to mitigate potential losses in case of a trend reversal.Recent News and Developments:Bullish Momentum: BURGER/USDT has shown significant gains recently, with an 18.96% increase observed over a 24-hour period. BINANCEExchange Listings: BingX has listed BurgerCities with the BURGER/USDT trading pair, potentially increasing its accessibility and liquidity. COINMARKETCALConclusion:BurgerCities (BURGER) is currently exhibiting bullish momentum, with key resistance and support levels identified to guide trading decisions. Staying informed about market trends and setting appropriate stop-loss orders can help manage potential risks.Long Term Targets : $5,$7 and $10