⚡ $FDUSD
/USDT is sitting right under a key visible resistance — and the reaction here is what I’m watching.
Price is currently around 0.9998, with the chart showing repeated moves between roughly 0.9997 and 0.9999. What caught my attention is that price keeps returning toward 0.9998–0.9999, but hasn’t clearly broken through the visible 0.9999 high.
The MA60 is around 0.9997, and price is holding above it, which keeps the short-term structure slightly constructive. 📈
🔑 Key levels:
• Resistance: 0.9999
• Support: 0.9997 / MA60 around 0.9997
• Deeper visible swing low: around 0.9995
For me, the interesting setup is simple: I’d want to see a clean move above 0.9999 and price holding there before considering the upside confirmed. 🚀
If 0.9999 rejects again and price loses 0.9997, I’d treat the bullish setup as weakened and watch the lower visible range instead.
I’m not chasing while price is trapped between these levels. The reaction at 0.9999 is the level I care about most right now. 👀
#fdusd #USDT #Binance #cryptotrading #TechnicalAnalysis
/USDT is sitting right under a key visible resistance — and the reaction here is what I’m watching.
Price is currently around 0.9998, with the chart showing repeated moves between roughly 0.9997 and 0.9999. What caught my attention is that price keeps returning toward 0.9998–0.9999, but hasn’t clearly broken through the visible 0.9999 high.
The MA60 is around 0.9997, and price is holding above it, which keeps the short-term structure slightly constructive. 📈
🔑 Key levels:
• Resistance: 0.9999
• Support: 0.9997 / MA60 around 0.9997
• Deeper visible swing low: around 0.9995
For me, the interesting setup is simple: I’d want to see a clean move above 0.9999 and price holding there before considering the upside confirmed. 🚀
If 0.9999 rejects again and price loses 0.9997, I’d treat the bullish setup as weakened and watch the lower visible range instead.
I’m not chasing while price is trapped between these levels. The reaction at 0.9999 is the level I care about most right now. 👀
#fdusd #USDT #Binance #cryptotrading #TechnicalAnalysis