#AI/USDT Coin Next Move Update
Key Levels:
1:- Daily Order Block (1D OB): Marked as the primary target area (~$0.80).
2:- Immediate Resistance: Around $0.52742.
3:-Current Price Action: The price has broken out of a descending trendline and established a Change of Character (CHoCH), signaling a potential shift from a bearish to a bullish trend.
Structure Overview:
1:- The breakout indicates bullish momentum, suggesting the price is now targeting higher levels.
2:- The retest of the breakout zone (around $0.48-$0.50) is holding, acting as support.
Next Move:
1:- Bullish Scenario: If the price sustains above the breakout zone and $0.50, it is likely to aim for the next resistance level at ~$0.63, followed by the daily order block at ~$0.80.
2nd:- Bearish Scenario: If the price fails to hold $0.48, it may retest lower levels (~$0.45 or below) before attempting another breakout.
Momentum Indicator:
1:- While not shown in the chart, additional confirmation from RSI or volume data would strengthen confidence in the breakout and direction.
Update Strategy:
1:- For Long Entries: Look for pullbacks to ~$0.50 or confirmation above $0.52742 with volume.
2:- For Short Entries: Consider rejection at $0.63 or failure to hold the $0.50 support level.