🔑 Key Points (Analysis):
Support Zones:
$0.3042 → strong daily/weekly support.
$0.2320 → demand zone with heavy buying interest (previous OB).
Resistance Zones:
$0.55 → short-term resistance tested multiple times.
$0.8182 → key weekly resistance (major hurdle for continuation).
Order Blocks (OB):
Bullish OB around $0.23–$0.30 → demand zone.
Market already showed strong reaction from this zone.
Fair Value Gaps (FVG):
FVGs left in previous impulsive moves; unfilled gaps could act as targets.
Trend Context:
Market recovered from accumulation zone at $0.2320.
Strong push created imbalance (FVG), which could bring a retracement before the next leg higher.
Momentum:
RSI currently ~56 → moderate, still supportive of bullish continuation after a pullback.
📈 Brief Description & Prediction:
THE/USDT is respecting the demand zone at $0.2320–$0.3042, where heavy accumulation took place. Price recently faced rejection around $0.55, forming a likely retracement setup. As long as $0.3042 support holds, market structure suggests a move back towards weekly resistance at $0.8182 after this corrective phase.
⚠️ If price breaks below $0.2320, it would invalidate the bullish bias and shift focus back to lower levels.
Bias: Bullish → Expect short retracement before continuation towards $0.55 – $0.82.
#THE #USDT #Crypto #OrderBlock #FVG #SupportResistance #Altcoins
Support Zones:
$0.3042 → strong daily/weekly support.
$0.2320 → demand zone with heavy buying interest (previous OB).
Resistance Zones:
$0.55 → short-term resistance tested multiple times.
$0.8182 → key weekly resistance (major hurdle for continuation).
Order Blocks (OB):
Bullish OB around $0.23–$0.30 → demand zone.
Market already showed strong reaction from this zone.
Fair Value Gaps (FVG):
FVGs left in previous impulsive moves; unfilled gaps could act as targets.
Trend Context:
Market recovered from accumulation zone at $0.2320.
Strong push created imbalance (FVG), which could bring a retracement before the next leg higher.
Momentum:
RSI currently ~56 → moderate, still supportive of bullish continuation after a pullback.
📈 Brief Description & Prediction:
THE/USDT is respecting the demand zone at $0.2320–$0.3042, where heavy accumulation took place. Price recently faced rejection around $0.55, forming a likely retracement setup. As long as $0.3042 support holds, market structure suggests a move back towards weekly resistance at $0.8182 after this corrective phase.
⚠️ If price breaks below $0.2320, it would invalidate the bullish bias and shift focus back to lower levels.
Bias: Bullish → Expect short retracement before continuation towards $0.55 – $0.82.
#THE #USDT #Crypto #OrderBlock #FVG #SupportResistance #Altcoins
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.