$ELSA
USDT has been in a clear 4H downtrend, falling from the $0.052 area toward $0.041. But the latest candles show buyers finally stepping in near the lows.
What the chart is showing 👇
• Strong support is developing around $0.0405–$0.0415. • Price bounced from this zone and reclaimed $0.0420. • The first resistance sits around $0.0435–$0.0440. • If buyers break and hold above $0.0440, the next recovery zone is $0.0460–$0.0480. • Losing $0.0405 would invalidate the current recovery attempt and expose lower levels.
Key Zones 🎯
Support → $0.0405–$0.0415
Resistance → $0.0435–$0.0440
Next Resistance → $0.0460–$0.0480
For now, this looks like a bounce developing from support rather than a confirmed trend reversal. The real confirmation comes if ELSAUSDT starts printing higher highs above $HEMI
$BTW
0.0440.
USDT has been in a clear 4H downtrend, falling from the $0.052 area toward $0.041. But the latest candles show buyers finally stepping in near the lows.
What the chart is showing 👇
• Strong support is developing around $0.0405–$0.0415. • Price bounced from this zone and reclaimed $0.0420. • The first resistance sits around $0.0435–$0.0440. • If buyers break and hold above $0.0440, the next recovery zone is $0.0460–$0.0480. • Losing $0.0405 would invalidate the current recovery attempt and expose lower levels.
Key Zones 🎯
Support → $0.0405–$0.0415
Resistance → $0.0435–$0.0440
Next Resistance → $0.0460–$0.0480
For now, this looks like a bounce developing from support rather than a confirmed trend reversal. The real confirmation comes if ELSAUSDT starts printing higher highs above $HEMI
$BTW
0.0440.