$้พ่พ USDT โ Pullback Setup ๐
Price is showing weakness on the 1D chart after a strong rejection from the $0.31 area. The latest red candle has pushed price below MA(7) $0.190 and MA(25) $0.130, showing that sellers currently have control.
Current: $0.103
Resistance: $0.130 โ $0.140
Downside levels: $0.095 โ $0.085 โ $0.070
Invalidation: Above $0.140
If price reclaims $0.130โ$0.140 with strong volume, the bearish setup would need to be reconsidered. Until then, chasing longs here carries higher risk.
Price is showing weakness on the 1D chart after a strong rejection from the $0.31 area. The latest red candle has pushed price below MA(7) $0.190 and MA(25) $0.130, showing that sellers currently have control.
Current: $0.103
Resistance: $0.130 โ $0.140
Downside levels: $0.095 โ $0.085 โ $0.070
Invalidation: Above $0.140
If price reclaims $0.130โ$0.140 with strong volume, the bearish setup would need to be reconsidered. Until then, chasing longs here carries higher risk.
