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Let's analyse ZEUSUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Zeus Network serves as a cross-chain communication layer implemented on SVM. The first mission of Zeus Network is to introduce Bitcoin liquidity to Solana, through the first DApp APOLLO.
TECHNICAL ANALYSIS:
ZEUSUSDT has successfully broken out of a technical pattern, signaling a potential uptrend. The recent retest of the breakout level is a positive indicator.
Key technical factors supporting the bullish outlook:
Price Support: The price is currently supported by the 50-day moving average.
Increased Volume: A significant rise in 24-hour trading volume suggests growing interest.
RSI Bullish Divergence: The Relative Strength Index (RSI) is showing a bullish divergence, indicating a potential reversal from oversold conditions.
Buying Levels:
$0.2268 to $0.1468
Target Levels:
$0.3448
$0.5514
$0.9832
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