๐ $Q USDT is recovering, but Iโm watching one level very closely.
Iโm looking at a possible SHORT on $QUSDT if this recovery gets rejected again.
TP: $0.0505
SL: $0.0521
The reason is simple: price already pushed toward the $0.0518โ$0.0520 area once and then dropped sharply toward $0.0505.
Now buyers have brought price back to the same zone, but the breakout still hasn't been confirmed.
That matters.
If buyers fail here again, this recovery could lose momentum and price may revisit $0.0510 before testing $0.0505.
But Iโm not blindly shorting into green candles. If QUSDT breaks above $0.0520 and holds there, this bearish idea is off the table.
One more rejection could change the whole picture.
Would you take the SHORT after a confirmed rejection, or wait for buyers to prove their strength?
Iโm looking at a possible SHORT on $QUSDT if this recovery gets rejected again.
TP: $0.0505
SL: $0.0521
The reason is simple: price already pushed toward the $0.0518โ$0.0520 area once and then dropped sharply toward $0.0505.
Now buyers have brought price back to the same zone, but the breakout still hasn't been confirmed.
That matters.
If buyers fail here again, this recovery could lose momentum and price may revisit $0.0510 before testing $0.0505.
But Iโm not blindly shorting into green candles. If QUSDT breaks above $0.0520 and holds there, this bearish idea is off the table.
One more rejection could change the whole picture.
Would you take the SHORT after a confirmed rejection, or wait for buyers to prove their strength?