$FDUSD /USDT TECHNICAL ANALYSIS: LOW VOLATILITY ZONE NEAR SUPPORT – NEUTRAL TO SLIGHTLY BEARISH BIAS
$FDUSD /USDT is trading at 0.9979, showing minimal volatility and tight price compression on the 4-hour chart. After rejecting 0.9993, price has slowly drifted lower, hovering just above support at 0.9972.
📉 Current Market Read:
• Sideways structure with lower highs
• Strong support around 0.9970 – 0.9975
• Resistance at 0.9985 – 0.9990
Short Bias if Support Breaks:
• Entry: Below 0.9972
• TP1: 0.9960
• TP2: 0.9945
• SL: 0.9985
🔼 Long Bias if Breakout Confirmed:
• Entry: Above 0.9992
• TP1: 1.0000
• SL: 0.9980
⚠️ Range-bound price action favors scalpers; trend traders should wait for a breakout confirmation in either direction.
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