Technical Analysis for USUSDT Pair: Short Opportunity or Fake Bounce?
With the recent trading on the USUSDT pair, we notice that the current price (0.00625) has failed to break through the 25-day simple moving average (MA25) decisively, and there is a sign of weakening bullish momentum.
📍 Potential Short Scenario:
If the current candlestick (15-minute timeframe) closes clearly below 0.006252, this indicates a break of the initial support. In this case, a short trade can be considered with low leverage (10x or less for safety) following these steps:
· Ideal Entry Point: In the small correction zone (around 0.006250 - 0.006255) as shown in the analyst's "saman" card.
· Stop Loss: Above the next resistance at 0.006285 (to protect against any sudden bounce).
· Targets:
1. First Target: 0.006210 (next support).
2. Second Target: 0.006170 (if the downtrend continues).
💡 Important Tip:
We have witnessed a large influx with a trading volume of 523M in the last 24 hours, indicating that the market is volatile. If you enter a trade, always manage your risk (never risk more than 1-2% of your capital in a single trade).
What do you think about moving averages analysis? Do you feel the price will break support, or is it just a temporary correction?
#BinanceSquare #USUSDT #TradingAnalysis #ShortSelling
With the recent trading on the USUSDT pair, we notice that the current price (0.00625) has failed to break through the 25-day simple moving average (MA25) decisively, and there is a sign of weakening bullish momentum.
📍 Potential Short Scenario:
If the current candlestick (15-minute timeframe) closes clearly below 0.006252, this indicates a break of the initial support. In this case, a short trade can be considered with low leverage (10x or less for safety) following these steps:
· Ideal Entry Point: In the small correction zone (around 0.006250 - 0.006255) as shown in the analyst's "saman" card.
· Stop Loss: Above the next resistance at 0.006285 (to protect against any sudden bounce).
· Targets:
1. First Target: 0.006210 (next support).
2. Second Target: 0.006170 (if the downtrend continues).
💡 Important Tip:
We have witnessed a large influx with a trading volume of 523M in the last 24 hours, indicating that the market is volatile. If you enter a trade, always manage your risk (never risk more than 1-2% of your capital in a single trade).
What do you think about moving averages analysis? Do you feel the price will break support, or is it just a temporary correction?
#BinanceSquare #USUSDT #TradingAnalysis #ShortSelling