📈 $D /USDT – Bounce or Bull Trap? 🎯
After bottoming out at $0.03007, $D made a sharp recovery with a wick high of $0.03552, showing a temporary bullish surge. However, price is now hovering around $0.03243, struggling near the MA(25) and still below the MA(99) – indicating the larger trend is still under pressure.
🔍 Key Technical Insights: • Strong rejection from the 99 MA (resistance at ~$0.03420)
• Price is trying to stabilize above the 7 & 25 MA crossover
• Volume spike shows short-term interest, but sustainability is uncertain
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💼 Short-Term Trade Plan (Scalp): • Entry: $0.03220 – $0.03260
• TP1: $0.03350
• TP2: $0.03440
• SL: $0.03170
🚀 Long-Term Trade Idea (Breakout Play): • Entry on close above: $0.03450
• TP1: $0.03650
• TP2: $0.03800
• SL: $0.03290
⚠️ Watch for volume confirmation and a clean candle close above the 99 MA for a stronger upside push.
#SaylorBTCPurchase #TrumpBTCTreasury #MarketRebound #CardanoDebate #IsraelIranConflict $D