$EUR USDT – SIDEWAYS CONSOLIDATION AHEAD OF POTENTIAL BREAKOUT

TIGHT PRICE RANGE BETWEEN EMAS INDICATES INDECISION

SUPPORT AT 1.1615 HOLDING, WHILE EMA(99) ACTS AS CEILING

$EUR USDT surged earlier to 1.1661 but faced resistance at the EMA(99), followed by a retracement and now trading flat around 1.1624. Price is compressing between EMA(7), EMA(25), and EMA(99), indicating an imminent breakout from this coiled zone.

LONG SETUP (ON CONFIRMATION):

📈 Entry: $1.1630

🎯 Target 1: $1.1660

🎯 Target 2: $1.1695

Stop Loss: $1.1600

Volume buildup and breakout above 1.1637 (EMA99) could trigger bullish continuation. Avoid early entries; wait for candle close above key moving average resistance.

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