$EUR USDT ā POTENTIAL REVERSAL FROM KEY SUPPORT! EYEING SHORT-TERM RECOVERY!
š STEEP DROP FROM $1.1900 TOP
š HOLDING ABOVE $1.1589 SUPPORT WITH BUYING REACTIONS
$EUR USDT has seen a sharp decline but is now stabilizing above the key support zone at $1.1589. The 4H chart shows early signs of a potential bullish reversal, with buyers stepping in and rejecting further downside. A close above $1.1640 could trigger a short-term bounce.
Trade Setup:
šµ Long Entry: $1.1600 ā $1.1620
šÆ Target 1: $1.1680
šÆ Target 2: $1.1750
š» Stop Loss: $1.1550
If the pair maintains support and volume increases, we may see a recovery toward previous resistance levels.
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