🔎 🟢SUPER/USDT Chart Breakdown 📈
1. Trend & Structure
• Recent breakout from a downward channel (bullish signal).
• Price found support at the 100-period moving average and bounced.
• A support area around 0.5800–0.5850 USDT is holding well.
2. Indicators
• RSI is at ~54, recovering from oversold conditions after a bearish divergence. This suggests room for upside momentum.
• The 100 MA is trending upward, supporting a bullish bias.
3. Key Levels (Resistance Zones)
• 0.6035 → First resistance.
• 0.6123 → Second resistance.
• 0.6257 → Major resistance (potential target).
4. Trade Setup Idea (Neutral to Bullish Bias)
• Entry Zone: Around 0.5900–0.5960 USDT (after confirmation of support holding).
• Targets:
• TP1 → 0.6035
• TP2 → 0.6123
• TP3 → 0.6257
• Stop-Loss: Below 0.5800 USDT (breakdown of support + 100 MA).
5. Risk–Reward
• Entry ~0.595 → Stop ~0.580 → Risk ~2.5%.
• First target 0.6035 → Reward ~1.4%.
• Best reward at 0.6257 → ~5% upside.
• Risk/Reward ≈ 1:2 (favorable if bullish momentum continues).