📉 General Trend:
This is a short-term chart (1H timeframe).
The market is moving sideways with high volatility – no clear trend, but a range-bound movement between support and resistance levels.
A directional breakout may be coming soon.
🔍 Support and Resistance Levels:
🔵 Support:
2.0472 USDT – Key support with BOS and Discount zone.
2.000 USDT – Strong Low + PM area below.
1.920–1.950 USDT – Historical demand zone.
🔴 Resistance:
2.2244 USDT – Equilibrium zone + PDH.
2.3556 USDT – Significant resistance with supply block.
2.4978 USDT – Upper resistance level.
2.7461 USDT – Strong resistance from previous highs.
3.00–3.20 USDT – Major Premium zone with PM and Weak High.
🎯 Short-Term Price Forecast (1–2 Days):
If a breakout to the upside occurs:
First target – 2.22 USDT, then 2.35 USDT.
If a breakdown occurs:
First target – 2.04 USDT, then 2.00 USDT.
📉 Short Trade Setup:
Entry: Around 2.22–2.23 USDT (PDH + resistance + potential BOS)
Take Profit: 2.05 USDT
Stop Loss: Above 2.25 USDT
Risk-to-Reward Ratio: ≈ 1:2
Trigger: Bearish rejection candle or BOS near resistance.
📈 Long Trade Setup:
Entry: Between 2.04 – 2.06 USDT (demand zone + lower BOS)
Take Profit: 2.22–2.24 USDT
Stop Loss: Below 2.00 USDT
Risk-to-Reward Ratio: ≈ 1:2.5
Trigger: Bullish hammer or confirmation candle with increasing volume.
🔻 Lowest Expected Price:
If 2.00 USDT breaks down, price could fall toward the 1.90–1.92 USDT zone.
🔁 Potential Reversal Zones:
High probability of reversal around 2.04–2.05 USDT, a key local low in a discount zone.
Another bullish reversal may form if the price breaks and holds above 2.24–2.25 USDT with confirmation.
🧠 Additional Notes:
The chart includes many Smart Money Concepts (SMC): BOS, CHoCH, EQH, etc.
There’s a clear battle between bulls and bears – we must wait for a confirmed breakout or breakdown.
Volume is balanced – not indicating a strong impulsive move yet.
This is a short-term chart (1H timeframe).
The market is moving sideways with high volatility – no clear trend, but a range-bound movement between support and resistance levels.
A directional breakout may be coming soon.
🔍 Support and Resistance Levels:
🔵 Support:
2.0472 USDT – Key support with BOS and Discount zone.
2.000 USDT – Strong Low + PM area below.
1.920–1.950 USDT – Historical demand zone.
🔴 Resistance:
2.2244 USDT – Equilibrium zone + PDH.
2.3556 USDT – Significant resistance with supply block.
2.4978 USDT – Upper resistance level.
2.7461 USDT – Strong resistance from previous highs.
3.00–3.20 USDT – Major Premium zone with PM and Weak High.
🎯 Short-Term Price Forecast (1–2 Days):
If a breakout to the upside occurs:
First target – 2.22 USDT, then 2.35 USDT.
If a breakdown occurs:
First target – 2.04 USDT, then 2.00 USDT.
📉 Short Trade Setup:
Entry: Around 2.22–2.23 USDT (PDH + resistance + potential BOS)
Take Profit: 2.05 USDT
Stop Loss: Above 2.25 USDT
Risk-to-Reward Ratio: ≈ 1:2
Trigger: Bearish rejection candle or BOS near resistance.
📈 Long Trade Setup:
Entry: Between 2.04 – 2.06 USDT (demand zone + lower BOS)
Take Profit: 2.22–2.24 USDT
Stop Loss: Below 2.00 USDT
Risk-to-Reward Ratio: ≈ 1:2.5
Trigger: Bullish hammer or confirmation candle with increasing volume.
🔻 Lowest Expected Price:
If 2.00 USDT breaks down, price could fall toward the 1.90–1.92 USDT zone.
🔁 Potential Reversal Zones:
High probability of reversal around 2.04–2.05 USDT, a key local low in a discount zone.
Another bullish reversal may form if the price breaks and holds above 2.24–2.25 USDT with confirmation.
🧠 Additional Notes:
The chart includes many Smart Money Concepts (SMC): BOS, CHoCH, EQH, etc.
There’s a clear battle between bulls and bears – we must wait for a confirmed breakout or breakdown.
Volume is balanced – not indicating a strong impulsive move yet.
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.