$SAMSUNGEM USDT — SELLERS JUST CRUSHED THE $950 ZONE. THE $820 LOW IS NOW THE LINE TO WATCH
This 4H chart shows a decisive breakdown, not a routine dip. Price has plunged 17.71% in 24 hours to $843.66, with heavy red candles and a sharp rise in sell volume. All three moving averages are above price, confirming that bears still have the upper hand.
Key levels
Immediate support: $820.31
Next downside zone: $801–$800
Resistance 1: $883
Resistance 2: $910
Major resistance: $1,029
Potential SHORT Setup
EP: $875–$890 after a weak retest
TP1: $820
TP2: $800
TP3: $780
SL: $915
What confirms the move? A 4H close below $820 could open the door to further downside. If buyers reclaim $883, the immediate bearish momentum may ease.
Price is already deeply sold off, so chasing here is risky. A failed recovery offers a cleaner setup than entering blindly after a large red candle.
Will sellers break $820, or can buyers defend the low in $SAMSUNGEM USDT?
#CryptoTrading #BinanceSquare #TechnicalAnalysis
This 4H chart shows a decisive breakdown, not a routine dip. Price has plunged 17.71% in 24 hours to $843.66, with heavy red candles and a sharp rise in sell volume. All three moving averages are above price, confirming that bears still have the upper hand.
Key levels
Immediate support: $820.31
Next downside zone: $801–$800
Resistance 1: $883
Resistance 2: $910
Major resistance: $1,029
Potential SHORT Setup
EP: $875–$890 after a weak retest
TP1: $820
TP2: $800
TP3: $780
SL: $915
What confirms the move? A 4H close below $820 could open the door to further downside. If buyers reclaim $883, the immediate bearish momentum may ease.
Price is already deeply sold off, so chasing here is risky. A failed recovery offers a cleaner setup than entering blindly after a large red candle.
Will sellers break $820, or can buyers defend the low in $SAMSUNGEM USDT?
#CryptoTrading #BinanceSquare #TechnicalAnalysis