$S Technical Update 📈
#s is showing a strong reaction off the bottom of its descending channel — exactly the kind of bounce you'd want to see from support.
After a sharp sell-off, price tagged the channel support and immediately bounced, accompanied by a notable spike in volume — a classic sign of demand at lower levels. The move is now targeting the midline of the channel, which could act as interim resistance.
⚠️ If $S manages to reclaim and hold above that midline, the next logical target is the upper boundary of the channel near $0.38.
It’s still early for aggressive longs unless we see a confirmed breakout above the channel. But for now, the structure is being respected, and this bounce was textbook technical behavior. Keep a close eye on how price reacts at the midline — that’s your key short-term pivot.
#IsraelIranConflict #CryptoRoundTableRemarks #Tradersleague #SUSDT
follow for life changing information news and insights ❤️👇👇👇