$BROCCOLI714 /USDT – Support Retest & Potential Rebound Setup
Current Price: $0.02405 (-4.07%)
Trend Bias: Neutral → Mildly Bearish (pending support confirmation)
Technical Snapshot:
Support Zone: $0.0238 – $0.0240 (buyers defending)
Resistance Zone: $0.0250 – $0.0257
Momentum: Weak but stabilizing (declining red volume bars on the hourly)
RSI: Hovering near midline (40–45), suggesting potential for bounce
Market Structure: Pullback within consolidation range — buyers testing re-entry near support.
Trade Setup
Entry Zone: $0.0240 – $0.0242
Targets:
▸ TP1: $0.0248
▸ TP2: $0.0253
▸ TP3: $0.0258
Stop-Loss: $0.0237 (below support break)
Outlook
If $0.0238 holds, expect a technical rebound toward $0.0250+.
If $0.0237 breaks, momentum likely shifts back to sellers, with next downside levels near $0.0233 – $0.0230.
Bias: Watch for volume confirmation — a bounce with expanding volume could trigger a mini trend reversal.