$S /USDT – Consolidation After Spike

$S surged to $0.6049 but is now consolidating around $0.5710 after a healthy retracement. Price is holding above $0.5522 support, which could be a launch zone for the next move.

Technical Overview (15M Chart):

24h High: $0.6049

24h Low: $0.4941

Current support zone: $0.5520 – $0.5600

Resistance zone: $0.5840 – $0.5950

Trade Setup (Continuation Possibility):

Entry Zone:

$0.5660 – $0.5720 (on pullback hold or bullish candle)

Targets:

TP1: $0.5840

TP2: $0.5950

TP3: $0.6070 (retest of local high)

Stop Loss:

$0.5530 (below support & key structure)

Pro Tip:

Volume is stabilizing after the breakout. Watch for price to hold above $0.5660 with bullish candles before entering. A break above $0.5840 could trigger further upside momentum.

Buy and Trade here on $S

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