🔻 $S /USDT – Fading Below Key Averages! Is $0.3269 the Final Line of Support?
$S is trading at $0.329, down 4.97%, hovering near its 24h low of $0.3269. Price is now below all major moving averages, signaling bearish momentum:
MA(7): 0.3332 | MA(25): 0.3431 | MA(99): 0.3362
📉 Technical Overview:
– Rejection from $0.3565 marks a clear short-term top
– Support now sits at $0.3260 – $0.3280
– Volume active at 51.23M S | $17.59M USDT, indicating strong selling pressure
– Below $0.326, downside could extend toward $0.315
📊 Short-Term Trade Plan:
Entry: $0.327 – $0.330
TP1: $0.336
TP2: $0.344
SL: $0.320
📈 Long-Term Trade Plan:
Entry: $0.322 – $0.329
TP1: $0.356
TP2: $0.372
SL: $0.310
Buyers must hold $0.326 or risk a deeper correction. Watch for bullish divergence or rebound signals near this level.