EthanTW

SSV target $250

Panjang
BINANCE:SSVUSDT   SSV / TetherUS
4h time frame
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SSV has been going on an uptrend since Oct 23', this climbing way is very healthy, accompanying with high volume as every pump. Also, SSV made a stop hunting to liquidate leverage on bull side. However, SSV did create a top structure after hitting $63.85, and there is a target at $24 if SSV continues to correct based on the Fibonacci projection. $24 is definitely a sweet level to buy because not only hit 200% fib, but also go into the first support zone. I also provide the 2nd sweet zone to accumulate more spot if SSV keeps correction. When it comes to bull target, we need to know that SSV is the potential leader in DVT sector, which could push its mc up to 20 billion or even higher, so I predict SSV would reach $250 at least in bull market.
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Bull target: $250~$280

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