Overall Market Trend:
The chart shows a long-term bullish trend from 2023 up to early 2025.
However, since the high at 110,994 USDT, we can observe a local downtrend, confirmed by multiple market structure breaks (CHoCH and BOS).
Market Structure:
Several Breaks of Structure (BOS) to the downside indicate the start of a mid-term bearish correction.
The yellow ascending trendline is still intact, serving as a dynamic support level.
The price is currently consolidating near the Equilibrium zone (~80,000 USDT).
🔍 Support and Resistance Levels:
Support:
80,000 USDT – Equilibrium zone and trendline.
72,773 USDT – Fibonacci 61.8% level.
64,000–66,000 USDT – Strong demand/order block zones.
49,140 USDT – Full 100% Fibonacci retracement, key long-term support.
Resistance:
86,800 USDT – Previous Day’s High (PDH).
90,709 USDT – Fibonacci 32.8% retracement.
96,398 USDT – Fibonacci 23.6% retracement.
110,994 USDT – Local all-time high.
🎯 Short-Term Price Prediction (Next 1–2 Days):
The price is currently around 83,600 USDT, consolidating sideways.
Near-term target range:
Upside: Around 86,800 USDT (PDH).
Downside: If broken – heading toward 80,000 USDT.
📉 Short Entry (Sell Setup):
Entry zone: Between 86,500 – 87,000 USDT (PDH/PWH).
Take profit: Around 80,000 USDT.
Stop loss: Above 87,200 USDT.
📈 Long Entry (Buy Setup):
Entry zone: Between 79,800 – 80,200 USDT (PDAL + trendline support).
Take profit: Between 86,000 – 87,000 USDT.
Stop loss: Below 78,500 USDT.
🔻 Lowest Expected Price:
If 80K is broken, next strong support is at 72,773 USDT.
Further drop may reach 64,000 – 66,000 USDT demand zones.
In a worst-case macro scenario: 49,140 USDT.
🔁 Expected Reversal Zone:
A potential bullish reversal could happen around 72,773–73,000 USDT if a bullish candlestick pattern (e.g., hammer with confirmation) appears.
Alternatively, an earlier reversal is possible around 80,000 USDT, if supported and followed by a BOS to the upside.
🧠 Additional Notes:
The chart uses:
Smart Money Concepts (SMC) – BOS, CHoCH, FVG.
Premium & Discount zones – price is near equilibrium (EQ).
Clear demand/supply blocks.
Volume has been relatively low recently – watch for volume spikes to signal potential strong moves.
The chart shows a long-term bullish trend from 2023 up to early 2025.
However, since the high at 110,994 USDT, we can observe a local downtrend, confirmed by multiple market structure breaks (CHoCH and BOS).
Market Structure:
Several Breaks of Structure (BOS) to the downside indicate the start of a mid-term bearish correction.
The yellow ascending trendline is still intact, serving as a dynamic support level.
The price is currently consolidating near the Equilibrium zone (~80,000 USDT).
🔍 Support and Resistance Levels:
Support:
80,000 USDT – Equilibrium zone and trendline.
72,773 USDT – Fibonacci 61.8% level.
64,000–66,000 USDT – Strong demand/order block zones.
49,140 USDT – Full 100% Fibonacci retracement, key long-term support.
Resistance:
86,800 USDT – Previous Day’s High (PDH).
90,709 USDT – Fibonacci 32.8% retracement.
96,398 USDT – Fibonacci 23.6% retracement.
110,994 USDT – Local all-time high.
🎯 Short-Term Price Prediction (Next 1–2 Days):
The price is currently around 83,600 USDT, consolidating sideways.
Near-term target range:
Upside: Around 86,800 USDT (PDH).
Downside: If broken – heading toward 80,000 USDT.
📉 Short Entry (Sell Setup):
Entry zone: Between 86,500 – 87,000 USDT (PDH/PWH).
Take profit: Around 80,000 USDT.
Stop loss: Above 87,200 USDT.
📈 Long Entry (Buy Setup):
Entry zone: Between 79,800 – 80,200 USDT (PDAL + trendline support).
Take profit: Between 86,000 – 87,000 USDT.
Stop loss: Below 78,500 USDT.
🔻 Lowest Expected Price:
If 80K is broken, next strong support is at 72,773 USDT.
Further drop may reach 64,000 – 66,000 USDT demand zones.
In a worst-case macro scenario: 49,140 USDT.
🔁 Expected Reversal Zone:
A potential bullish reversal could happen around 72,773–73,000 USDT if a bullish candlestick pattern (e.g., hammer with confirmation) appears.
Alternatively, an earlier reversal is possible around 80,000 USDT, if supported and followed by a BOS to the upside.
🧠 Additional Notes:
The chart uses:
Smart Money Concepts (SMC) – BOS, CHoCH, FVG.
Premium & Discount zones – price is near equilibrium (EQ).
Clear demand/supply blocks.
Volume has been relatively low recently – watch for volume spikes to signal potential strong moves.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.