I'm looking at $U /USDT sitting right on the visible 0.9994 support, with price repeatedly bouncing between roughly 0.9994 and 0.9996. For me, this is a very tight range, so I’d rather wait for confirmation than force a trade in the middle.
The key level I'm watching is 0.9994 on the downside and 0.9996 on the upside. The MA60 is around 0.9995, so price is currently sitting just below it. I'd like to see a clean hold above 0.9994 and a move back through 0.9995–0.9996 before considering the long side.
📍 Entry: 0.9995–0.9996, only after reclaim
🎯 TP1: 0.9996
🎯 TP2: 0.9999
🛑 Invalidation: 0.9994
If price loses 0.9994, I'd step away from this setup because that's the clearest visible support on the chart.
Right now, the structure is simply too compressed for me to chase. I'm waiting for either a confirmed reclaim of 0.9995–0.9996 or a clear break of 0.9994 before making a stronger directional call.
The key level I'm watching is 0.9994 on the downside and 0.9996 on the upside. The MA60 is around 0.9995, so price is currently sitting just below it. I'd like to see a clean hold above 0.9994 and a move back through 0.9995–0.9996 before considering the long side.
📍 Entry: 0.9995–0.9996, only after reclaim
🎯 TP1: 0.9996
🎯 TP2: 0.9999
🛑 Invalidation: 0.9994
If price loses 0.9994, I'd step away from this setup because that's the clearest visible support on the chart.
Right now, the structure is simply too compressed for me to chase. I'm waiting for either a confirmed reclaim of 0.9995–0.9996 or a clear break of 0.9994 before making a stronger directional call.