After a 400% monthly rally, price is now testing major resistance at $0.93–$1.00, which aligns with:
— Monthly supply zone
— Psychological level at $1
— Key breakdown structure from earlier
📌 Key observations:
— First retest of the level that triggered the previous collapse
— Signs of local weakness on the daily TF after tapping resistance
— Untapped D1 order block below ($0.25–$0.30 range)
🎯 Trade Setup:
— Short Entry Zone: $0.93–$1.00
— Targets: $0.65 (interim support) → $0.25–$0.30 (OB demand)
— Invalidation: Strong breakout and close above $1.03 with volume
⚠️ This is the first reaction to HTF resistance.
Losing the $0.78–$0.80 support would open the door for a deeper correction.
— Monthly supply zone
— Psychological level at $1
— Key breakdown structure from earlier
📌 Key observations:
— First retest of the level that triggered the previous collapse
— Signs of local weakness on the daily TF after tapping resistance
— Untapped D1 order block below ($0.25–$0.30 range)
🎯 Trade Setup:
— Short Entry Zone: $0.93–$1.00
— Targets: $0.65 (interim support) → $0.25–$0.30 (OB demand)
— Invalidation: Strong breakout and close above $1.03 with volume
⚠️ This is the first reaction to HTF resistance.
Losing the $0.78–$0.80 support would open the door for a deeper correction.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.