$DF token (Monitoring) abhi 0.01235 USDT (Rs3.46) is trading, which is down -2.60% in the last 24 hours. Market sentiment is on the bearish side because it has shown a loss of -24% in 30 days and -57% in 90 days, but in the short-term, MA(7) has provided support.
The price is currently in the immediate support zone of 0.01227-0.01218, if it breaks, it could go down to 0.01200. Resistance is in the area of 0.01238-0.01250, where selling pressure may come. If any reversal occurs, 0.01261-0.01284 (24h High) could be a possible target zone.
The order book shows a lot of volume on the bid side, indicating some buying interest, but the overall market structure is weak. Therefore, trade with caution and make sure to set a stop-loss.
