Filusdt faced a significant rejection upon testing the intermediate supply zone and later found support after tapping into strong liquidity near the all-time low (ATL).
The plan is to enter a long position from the provided buy zone, adhering to the stop-loss levels indicated. The target for this move is detailed on the chart.
Share your thoughts on this analysis and the potential of this zone.
The plan is to enter a long position from the provided buy zone, adhering to the stop-loss levels indicated. The target for this move is detailed on the chart.
Share your thoughts on this analysis and the potential of this zone.
Note
Perfect buy back zone, keep holding for maximum profits.Note
Price moving as projected and the new buy back zone is a good area for reloading or adding more bags.Note
FIL is positioned within a key buy zone after a liquidity sweep, aligning with a potential wave reversal. The five-wave Elliott structure suggests a completed macro downtrend, with price now attempting a bullish breakout. A reclaim above $3.62 could confirm accumulation, targeting the intermediate supply zone at $7.50-$10.00, with a macro objective at $27.65. Downside risk remains if liquidity fails to hold, with $2.42 acting as a final defense. Note
The price is attempting to establish a base within this region, indicating potential accumulation before a corrective phase. If bullish momentum sustains, the price could target the intermediate supply zone around $9, followed by the broader supply zone near $21.Note
Price back above the major liquidity sweep, the coin looking very good right now.Note
Fill bottomed out
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Disclaimer
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