Potential Scenarios:
Bullish:
A breakout above 0.28 USDT could lead to a test of the next resistance near 0.35–0.45 USDT.
Trendline support continues to hold.
Bearish:
Rejection from 0.28 USDT may lead to a pullback toward the 0.22 USDT support or the trendline.
A breakdown below the trendline could indicate weakening momentum.
Bullish:
A breakout above 0.28 USDT could lead to a test of the next resistance near 0.35–0.45 USDT.
Trendline support continues to hold.
Bearish:
Rejection from 0.28 USDT may lead to a pullback toward the 0.22 USDT support or the trendline.
A breakdown below the trendline could indicate weakening momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.