$1000SATS
USDT – PULLBACK AFTER LOCAL HIGH, BUYERS ON WATCH
INTRADAY SPIKE REJECTED AT $0.00004978
CURRENTLY TESTING SHORT-TERM SUPPORT
1000SATS rallied from $0.00004414 to $0.00004978 before facing resistance. The chart shows a classic rejection wick followed by a retracement. Price is now hovering near a key level at $0.00004600 — a potential bounce or breakdown zone.
POTENTIAL TRADE SETUP (WAIT FOR CONFIRMATION):
🔹 Entry: $0.00004600 – $0.00004630 (if support holds)
🔹 Stop Loss: Below $0.00004480
🔹 Target 1: $0.00004850
🔹 Target 2: $0.00005000
WHY TO WATCH THIS LEVEL:
Support at $0.00004600 aligns with prior consolidation and may act as a springboard for a rebound if buyers return. However, continuation of lower highs could signal bearish pressure.
RISK MANAGEMENT:
Avoid early entry. Wait for bullish reversal candle or volume spike. SL must be respected below $0.00004480.
CURRENT PRICE: $0.00004622 (+3.08%)
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