The 4‑hour EMA7 just nudged above the EMA25, but the weekly picture is screaming a different story. Read the levels before you decide 👇
Price is hovering near 0.9992, looking flat on the 4H chart, yet the weekly EMA gap and a sub‑44 RSI whisper a deeper downtrend. With funding at zero and no open interest, the market isn’t paying a premium for longs, hinting that bearish pressure could re‑emerge.
On the weekly frame the key pivot sits around the 1.15 zone. Lose that support and the next barrier lives near the 1.36‑1.37 area; a break below would open a slide toward the low‑0.63 region. If $USD1 can’t hold the ~1.15 area and slips toward the 0.63 zone, the bearish case tightens. Tap $USD1 to pull up the chart and see these zones yourself.
My read: the weekly bearish geometry outweighs the short‑term bullish flicker, so the real risk is a drop below the 1.15 floor.
I’ll break down the next move once price tests the 1.15 floor, so hit follow to stay in the loop. Which side of the 1.15 level are you watching on $USD1? 👇
⚠️ Not financial advice. DYOR.
#USD1 #Crypto #BinanceSquare #Stablecoin
Price is hovering near 0.9992, looking flat on the 4H chart, yet the weekly EMA gap and a sub‑44 RSI whisper a deeper downtrend. With funding at zero and no open interest, the market isn’t paying a premium for longs, hinting that bearish pressure could re‑emerge.
On the weekly frame the key pivot sits around the 1.15 zone. Lose that support and the next barrier lives near the 1.36‑1.37 area; a break below would open a slide toward the low‑0.63 region. If $USD1 can’t hold the ~1.15 area and slips toward the 0.63 zone, the bearish case tightens. Tap $USD1 to pull up the chart and see these zones yourself.
My read: the weekly bearish geometry outweighs the short‑term bullish flicker, so the real risk is a drop below the 1.15 floor.
I’ll break down the next move once price tests the 1.15 floor, so hit follow to stay in the loop. Which side of the 1.15 level are you watching on $USD1? 👇
⚠️ Not financial advice. DYOR.
#USD1 #Crypto #BinanceSquare #Stablecoin
