Technical Analysis (SSV/USDT – 4H)

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1. Pattern

The chart is showing a descending triangle / falling wedge structure (A–B–C–D).

Price has moved up strongly from point C → D, now testing the upper trendline resistance.

If breakout happens above 9.20–9.30, bullish momentum can accelerate.

2. Key Levels

Immediate Resistance: 9.20 – 9.30 (trendline + supply zone).

Next Targets:

TP1 → 9.60

TP2 → 10.20

TP3 → 11.00 (extended breakout target).

Support Levels:

9.00 (short-term EMA + round number).

8.95 (200 EMA).

8.60 (lower wedge support).

3. Indicators

EMA Structure:

Price is trading just above 50 EMA (orange) and 200 EMA (blue) → early bullish signal.

If 50 EMA crosses 200 EMA, trend confirmation will strengthen.

Momentum: Recent bullish candles show strength; watch for volume confirmation.

4. Scenarios

Bullish (High Probability):
Break and close above 9.30 → opens the way to 9.60 → 10.20 → 11.00.

Bearish (Low Probability):
If rejection occurs, price may retest 9.00 → 8.95 support, possibly even 8.60.

📌 Trading Plan

Entry (Aggressive): Current zone (9.15–9.20), anticipating breakout.

Entry (Conservative): Wait for 4H candle close above 9.30.

Stop Loss: Below 8.85 (safe zone under support).

Targets:

🎯 TP1: 9.60

🎯 TP2: 10.20

🎯 TP3: 11.00

✅ Summary:
SSV/USDT is at a decisive point near resistance. A breakout above 9.30 will likely confirm a bullish move toward 10+. Until then, caution advised with a stop below 8.85 to manage risk.

Penafian

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