$DEEP
USDT on the 4H timeframe is attempting a short-term recovery after a clear downtrend. Price previously dropped from the $0.038 area and continued forming lower highs and lower lows, showing strong selling pressure. However, we now see a strong bounce from the $0.024 support zone, pushing price back toward $0.0276.
The recent bullish candles suggest buyers are trying to regain control. If price breaks and holds above $0.0288 (recent high), we could see continuation toward the $0.030–$0.032 resistance area. That zone will be important to confirm a stronger trend reversal.
On the downside, $0.024 remains key support. If price falls below this level, sellers may dominate again. For now, momentum is shifting bullish in the short term, but the overall structure is still in recovery mode. Watch resistance reaction carefully and manage risk properly.
#DEEP
USDT on the 4H timeframe is attempting a short-term recovery after a clear downtrend. Price previously dropped from the $0.038 area and continued forming lower highs and lower lows, showing strong selling pressure. However, we now see a strong bounce from the $0.024 support zone, pushing price back toward $0.0276.
The recent bullish candles suggest buyers are trying to regain control. If price breaks and holds above $0.0288 (recent high), we could see continuation toward the $0.030–$0.032 resistance area. That zone will be important to confirm a stronger trend reversal.
On the downside, $0.024 remains key support. If price falls below this level, sellers may dominate again. For now, momentum is shifting bullish in the short term, but the overall structure is still in recovery mode. Watch resistance reaction carefully and manage risk properly.
#DEEP
