$S /USDT (1D Chart) – Updated Trend Analysis This chart shows a falling wedge pattern nearing apex support with a possible bullish reversal setup. The price is sitting on strong support (blue zone) with a bounce projection drawn.
✅ Entry Zone:
Current Price: ~0.434 USDT
Ideal Entry Range: 0.41–0.43 USDT (near support & wedge base)
🎯 Targets (TP):
TP1: 0.507 USDT (near 50 EMA)
TP2: 0.601USDT (wedge breakout confirmation)
TP3: 0.74 USDT
TP4 (final): 0.988 USDT (full measured move)
❌ Stop-Loss (SL):
SL Level: 0.377 USDT
(Below wedge support and demand zone)
📈 Trend Summary:
🟡 Price approaching wedge apex and support zone
🟢 Reversal projected with bounce potential
❌ Still below EMA50 (0.508) – needs breakout for trend reversal
Bias: Bullish on breakout, currently neutral-to-cautiously bullish
Outlook: Short-to-mid term breakout candidate if supported by volume.
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$S