I’m looking at a very tight range on $USD1 /USDT, with price sitting around 0.99996 and the MA60 also at 0.99996. For me, this is more of a range setup than a strong directional move right now.
Price has repeatedly reacted around 0.99995–0.99996, while the recent visible push reached roughly 0.99998. I’d like to see price hold the lower area and reclaim the recent high before considering the setup attractive.
📍 Entry: 0.99995–0.99996
🎯 TP1: 0.99998
🎯 TP2: 1.00000
🛑 Invalidation: 0.99995
If price loses 0.99995, I’d step away from this setup because that visible support area would no longer be holding.
Volume is visible, but the chart doesn’t give me enough confirmation for a strong momentum call. The recent moves are also very compressed, so I’d keep expectations modest and wait for clearer price action rather than forcing a trade.
Price has repeatedly reacted around 0.99995–0.99996, while the recent visible push reached roughly 0.99998. I’d like to see price hold the lower area and reclaim the recent high before considering the setup attractive.
📍 Entry: 0.99995–0.99996
🎯 TP1: 0.99998
🎯 TP2: 1.00000
🛑 Invalidation: 0.99995
If price loses 0.99995, I’d step away from this setup because that visible support area would no longer be holding.
Volume is visible, but the chart doesn’t give me enough confirmation for a strong momentum call. The recent moves are also very compressed, so I’d keep expectations modest and wait for clearer price action rather than forcing a trade.
