Expected scenario for coin #RED now and over the coming hours
Price at the time of analysis: 0.1543 USDT.
Most likely scenario: The price rebounds toward the 0.1580–0.1593 zone, then shows clear rejection, followed by an hourly close below 0.1578. If this occurs, selling pressure remains in place, making a retest of 0.1534 more likely.
Alternative scenario: A break below 0.1534 followed by failure to reclaim it would support further downside toward 0.1510–0.1490, with 0.1488 as the next lower support to watch.
Bullish scenario: An hourly close above 0.1593 invalidates the current setup for selling the rebound and shifts focus back to 0.1610, then 0.1650.
Key support and resistance levels:
Supports: 0.1534, then 0.1510–0.1490, followed by 0.1488.
Resistances: 0.1570, then 0.1580–0.1593, followed by 0.1610 and then 0.1650.
The key zone right now is 0.1580–0.1593; reaching it alone is not enough to enter a trade. Rejection from the zone and an hourly close back below 0.1578 support the bearish scenario, while a close above 0.1593 invalidates the short setup.
Trade entry zones, targets, and activation conditions are available in the private channel for a commission. Message me to subscribe 👇
@GCodeAI
🐋 Jimi
$RED
#freesignal #Trading #futures #deal
Price at the time of analysis: 0.1543 USDT.
Most likely scenario: The price rebounds toward the 0.1580–0.1593 zone, then shows clear rejection, followed by an hourly close below 0.1578. If this occurs, selling pressure remains in place, making a retest of 0.1534 more likely.
Alternative scenario: A break below 0.1534 followed by failure to reclaim it would support further downside toward 0.1510–0.1490, with 0.1488 as the next lower support to watch.
Bullish scenario: An hourly close above 0.1593 invalidates the current setup for selling the rebound and shifts focus back to 0.1610, then 0.1650.
Key support and resistance levels:
Supports: 0.1534, then 0.1510–0.1490, followed by 0.1488.
Resistances: 0.1570, then 0.1580–0.1593, followed by 0.1610 and then 0.1650.
The key zone right now is 0.1580–0.1593; reaching it alone is not enough to enter a trade. Rejection from the zone and an hourly close back below 0.1578 support the bearish scenario, while a close above 0.1593 invalidates the short setup.
Trade entry zones, targets, and activation conditions are available in the private channel for a commission. Message me to subscribe 👇
@GCodeAI
🐋 Jimi
$RED
#freesignal #Trading #futures #deal