Yello, Paradisers! Are you letting this short-term bounce on #SUSD fool you? Be careful. What looks like a recovery could just be a deceptive pause before the next major drop hits.
💎After topping out just shy of the psychological $1.00 mark, SUSDT has entered a significant zigzag corrective structure. Despite the recent bounce, the bigger picture still suggests that the market is setting up for one more leg to the downside, where the real bottom might finally be reached.
💎#SUSDT has printed a short-term double bottom around the $0.38 level, positioned slightly above a moderate support zone. This has triggered a minor bullish push, offering a temporary sense of relief for bulls. However, based on the current market structure, this move is likely to be short-lived and part of a broader corrective pattern.
💎The resistance zone between $0.465 and $0.4720 is now the key level to watch. It’s a strong supply area where selling pressure is expected to return with intensity, making it difficult for buyers to gain control. If price gets rejected from this zone, a drop back toward the $0.3740 level is highly probable, as this area serves as the next moderate support.
💎The structure on SUSDT is far from done to the downside. If the rejection plays out as expected, the price could slide even lower, targeting the $0.3300 to $0.3150 range. This is where the final drop may conclude and a proper base for recovery could finally be established.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.