I’m looking at $W /USDT on the 15m chart, and the short-term structure is clearly under pressure. Price has fallen from around 0.01190 toward 0.01162, with several red candles showing sellers still have control.
Right now price is around 0.01167, sitting just above the visible 0.01162 low. For me, this is only interesting as a bounce setup if price can hold this area and start reclaiming the nearby moving-average levels. MA(7) is at 0.01177, while MA(25) and MA(99) are around 0.01184–0.01185.
📍 Entry: 0.01162–0.01167
🎯 TP1: 0.01175
🎯 TP2: 0.01184
🎯 TP3: 0.01196
🛑 Invalidation: 0.01157
I’d like to see price defend the 0.01162 area first, then push back toward 0.01175. The setup becomes more attractive if buyers reclaim the moving averages instead of getting rejected again.
If price loses 0.01157, I’d step away from this setup because the visible support area would be broken.
For me, this is a cautious bounce idea, not a confirmed reversal. I’m waiting for buyers to prove they can regain momentum.
Right now price is around 0.01167, sitting just above the visible 0.01162 low. For me, this is only interesting as a bounce setup if price can hold this area and start reclaiming the nearby moving-average levels. MA(7) is at 0.01177, while MA(25) and MA(99) are around 0.01184–0.01185.
📍 Entry: 0.01162–0.01167
🎯 TP1: 0.01175
🎯 TP2: 0.01184
🎯 TP3: 0.01196
🛑 Invalidation: 0.01157
I’d like to see price defend the 0.01162 area first, then push back toward 0.01175. The setup becomes more attractive if buyers reclaim the moving averages instead of getting rejected again.
If price loses 0.01157, I’d step away from this setup because the visible support area would be broken.
For me, this is a cautious bounce idea, not a confirmed reversal. I’m waiting for buyers to prove they can regain momentum.