ABT is currently testing a strong horizontal support area around 2.08–2.15 USDT after rejecting the downward trendline.
This area has held several times in the past, indicating strong buying interest. If the support holds and the price breaks the yellow trendline, we may see a short-term upward trend towards the resistance area of 2.30-2.45.
The Relative Strength Index is recovering from oversold levels, indicating the potential for a reversal, but volume confirmation remains weak.
⚠️ Key levels to watch:
Support: 2.08–2.15
Resistance: 2.30 and 2.45
Breakout Area: Above the Downward Trendline
I am waiting for a clear breakout with strong volume before considering long positions.