š $D /USDT ā Bounce or Bull Trap? šÆ
After bottoming out at $0.03007, $D made a sharp recovery with a wick high of $0.03552, showing a temporary bullish surge. However, price is now hovering around $0.03243, struggling near the MA(25) and still below the MA(99) ā indicating the larger trend is still under pressure.
š Key Technical Insights: ā¢ Strong rejection from the 99 MA (resistance at ~$0.03420)
ā¢ Price is trying to stabilize above the 7 & 25 MA crossover
ā¢ Volume spike shows short-term interest, but sustainability is uncertain
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š¼ Short-Term Trade Plan (Scalp): ā¢ Entry: $0.03220 ā $0.03260
ā¢ TP1: $0.03350
ā¢ TP2: $0.03440
ā¢ SL: $0.03170
š Long-Term Trade Idea (Breakout Play): ā¢ Entry on close above: $0.03450
ā¢ TP1: $0.03650
ā¢ TP2: $0.03800
ā¢ SL: $0.03290
ā ļø Watch for volume confirmation and a clean candle close above the 99 MA for a stronger upside push.
#SaylorBTCPurchase #TrumpBTCTreasury #MarketRebound #CardanoDebate #IsraelIranConflict $D
