Price is currently moving within a wide sideways range between 2.670 – 4.000, which is roughly a 50% price fluctuation—still a tradable range if we can identify key reversal zones and market structure.
From the structure, we can see that
ORCAUSDT has broken the previous high and formed a Higher High (HH)—a sign of strong buying momentum. This shift suggests that the support zone around 3.164 – 3.073 could hold and prevent the price from falling back to the bottom of the range at 2.670.
If the price revisits the support area (3.164 – 3.073), we can wait for bullish confirmation candles before entering. The potential upside target would be in the 3.862 – 4.000 zone.
Additional Notes:
From the structure, we can see that
ORCAUSDT has broken the previous high and formed a Higher High (HH)—a sign of strong buying momentum. This shift suggests that the support zone around 3.164 – 3.073 could hold and prevent the price from falling back to the bottom of the range at 2.670.If the price revisits the support area (3.164 – 3.073), we can wait for bullish confirmation candles before entering. The potential upside target would be in the 3.862 – 4.000 zone.
Additional Notes:
- Watch for signs of Higher Low (HL) confirmation around support
- If HL forms successfully, this could be a base for continuation to the upper range
Dagangan ditutup: hentian tercapai
Whoops, looks like the price didn't have enough momentum to break the resistance.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.