I’m looking at $USUAL /USDT on the 15m chart, and the first thing that stands out is the sharp rejection from around 0.01426 followed by a heavy red candle. Price is now 0.01393 after bouncing from the visible 0.01352 low.
For me, the setup is still uncertain because price is below all three visible moving averages: MA(7) 0.01411, MA(25) 0.01412, and MA(99) 0.01415. I’d rather see price reclaim that 0.01411–0.01415 area before considering a long.
📍 Entry: 0.01411–0.01415 after a clear reclaim
🎯 TP1: 0.01426
🎯 TP2: 0.01430
🛑 Invalidation: 0.01352
The 0.01426 area is important because it is the recent visible high before the sharp rejection. The large volume spike on the sell candle also tells me there was strong activity during the drop, so I wouldn’t chase the current bounce blindly.
If price loses 0.01352, I’d step away from this setup because that is the clearest visible 24h low and the current bounce would be losing its key support.
For now, I’m waiting for confirmation rather than forcing an entry.
For me, the setup is still uncertain because price is below all three visible moving averages: MA(7) 0.01411, MA(25) 0.01412, and MA(99) 0.01415. I’d rather see price reclaim that 0.01411–0.01415 area before considering a long.
📍 Entry: 0.01411–0.01415 after a clear reclaim
🎯 TP1: 0.01426
🎯 TP2: 0.01430
🛑 Invalidation: 0.01352
The 0.01426 area is important because it is the recent visible high before the sharp rejection. The large volume spike on the sell candle also tells me there was strong activity during the drop, so I wouldn’t chase the current bounce blindly.
If price loses 0.01352, I’d step away from this setup because that is the clearest visible 24h low and the current bounce would be losing its key support.
For now, I’m waiting for confirmation rather than forcing an entry.
