Currently, the price is consolidating around the $3.10 level, testing a key resistance zone at $3.164, which has yet to be decisively broken. This level now serves as a significant short-term resistance.
🔹 Bullish Scenario (LONG Opportunity):
If the price manages to break above the $3.164 resistance with strong momentum and confirms the breakout through a successful retest, a long entry could be considered. In this case, the bullish structure would target the next major resistance area around $3.434, which aligns with a previous high and psychological level.
🔸 Bearish Trap Scenario (Fake Breakout):
If the price fails to hold above $3.164 and drops back into the red demand zone around $3.05–$3.07, we might witness a fake breakout or liquidity grab. This could trigger stop-loss hunts before a potential reversal. A bullish reaction from this demand zone could still offer a solid long opportunity with tight risk management.
📊 Volume Observation:
Noticeable buying volume has appeared near recent lows, indicating possible accumulation. However, confirmation through price action (breakout or bullish reversal signal) is required before entering a trade.
🔹 Bullish Scenario (LONG Opportunity):
If the price manages to break above the $3.164 resistance with strong momentum and confirms the breakout through a successful retest, a long entry could be considered. In this case, the bullish structure would target the next major resistance area around $3.434, which aligns with a previous high and psychological level.
🔸 Bearish Trap Scenario (Fake Breakout):
If the price fails to hold above $3.164 and drops back into the red demand zone around $3.05–$3.07, we might witness a fake breakout or liquidity grab. This could trigger stop-loss hunts before a potential reversal. A bullish reaction from this demand zone could still offer a solid long opportunity with tight risk management.
📊 Volume Observation:
Noticeable buying volume has appeared near recent lows, indicating possible accumulation. However, confirmation through price action (breakout or bullish reversal signal) is required before entering a trade.
İşlem aktif
As we expected, it broke the support but it was a fake breakout
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.