$TFUEL /USDT Technical Analysis – 1D Chart Overview
Current Price: $0.03480
24h Change: +7.04%
24h High/Low: $0.03581 / $0.03211
24h Volume: TFUEL: 59.64M | USDT: 2.03M
Category: Infrastructure / Gainer
🔍 Trend & Momentum
Short-Term Trend: Bullish breakout – Price is climbing above recent resistance.
Support Zone: $0.03200–$0.03300 (local base and previous consolidation).
Resistance Zone: $0.03600–$0.03700 (next breakout level and local high).
📊 Indicators
Volume Spike: 2x the 20-day SMA (41.25M vs. 20M) – confirms strong bullish interest.
Structure: TFUEL broke out from a short-term accumulation base, now riding momentum.
Volatility: Increasing – wider price swings likely.
🧠 Key Observations
TFUEL is forming a bullish continuation pattern after breaking above $0.03400.
If the price sustains above $0.03500, it may attempt to test $0.03650 → $0.03700 soon.
A failure to hold $0.03400 could trigger a retest of $0.03200 support.
📌 Trade Setup
Direction Entry Targets Stop Loss
Long $0.0340–0.0348 $0.0365 → $0.0375 → $0.0390 Below $0.0330
Short Below $0.0320 $0.0310 → $0.0300 Above $0.0348
✅ Confirmation Criteria
Breakout confirmation: Daily close above $0.0355 with volume above 50M.
Momentum continuation: RSI above 60 and no bearish divergence on 4H chart.
Macro check: Positive correlation with THETA and general market sentiment.
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