UNUS SED LEO (LEO/USD) Market Prepares For Bullish Continuation After Breakout
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UNUS SED LEO Price Prediction – December 25
LEOUSD market prepares for bullish continuation after the breakout. The price is currently consolidating as LEOUSD accumulates for another breakout.
The LEOUSD daily chart shows that the price is trading slightly above the 9-day Simple Moving Average (SMA) at $9.340, indicating a neutral-to-bullish stance during consolidation. The Stochastic Oscillator, with the %K line at 62.03 and the %D line at 56.53, remains in bullish territory but shows a slight slowdown, suggesting that a breakout is likely after consolidation concludes.
LEO/USD Market Key Levels:
Resistance levels: $9.000, $9.620, $10.710
Support levels: $7.940, $6.500, $5.390
LEO/USD – Daily Chart
The daily chart for LEO/USD shows that the market is in a consolidation phase.
Price action indicates a consolidation phase between $9.000 and $9.620, following a strong rally from earlier support at $7.950. The current range forms a healthy accumulation zone, with multiple tests of the $9.620 resistance level signaling potential bullish breakout pressure. A clear character change (CHoCH) at $9.000 earlier confirmed the bullish trend.
What is the projection for the LEOUSD market?
Once the consolidation phase ends, LEOUSD is projected to break above the $9.620 resistance and move toward $10.710, the next significant resistance level. Failure to break higher may result in a retest of the $9.000 support zone, but the broader trend remains bullish, favoring upward movement in the short-to-medium term.
LEO/BTC Price Analysis
LEOBTC is in a retracement phase, testing support near 0.00009470. A bounce from this level could lead to a bullish continuation toward 0.00010500.
If support fails, the price may revisit lower levels near 0.00008810. The bullish trend is likely to resume after breaking the descending trendline resistance.
UNUS SEO LEO (LEO) Current Statistics
The current price: $9.4220
Market Capitalization: $8,720,000,000
Trading Volume: $1,560,000
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