Market Structure
Main Trend: Down
→ Series of lower highs and lows
→ Breakout below the downtrend line (which has already happened)
Currently, the price is consolidating low, with no trend reversal signal.
📉 Price Action
After a strong upward impulse (pump), the market:
failed to maintain the structure
gave back most of the gains
Current price ~9.3 USDT
No clear demand – small candles, weak momentum
🧱 Key Levels (very important)
🔴 Support
9.00–9.30 → local, weak
~8.00 → demand zone / lower consolidation range
5.94 → HARD SUPPORT
Loss = possible further decline / capitulation
🟢 Resistance
12.36 → nearest Sensible resistance (flip level)
14.98 → strong structural resistance
19.59 – 22.77 → distribution zone (very difficult to break)
26.74 – 27.58 → local ATH/supply zone
📊 Stoch RSI indicator
Currently emerging from oversold territory
This is not a long signal per se
It only gives:
short-term bounce if volume appears
🧠 Scenarios
🟡 Baseline scenario (most likely)
Consolidation 8–10 USDT
Lack of strength for a breakout
The market is waiting for:
BTC move
or news/volume
🔴 Bearish scenario
Loss of ~8 USDT
Test of 5.94
If 5.94 falls → new Lows
🟢 Bullish scenario (conditional!)
D1 close above 12.36
Retest as support
Targets:
14.98
19.59
Without this → no medium-term long.
