$FDUSD Flashes Strength with Breakout Above Resistance – What’s Next?🤔🔐👇
Market Outlook 📊
$FDUSD /USDT has just printed a strong bullish breakout on the 1H chart, clearing the psychological level of $1.000 with solid volume and momentum. The clean Change of Character (CHoCH) and immediate retest flip the previous resistance into a support zone, giving bulls a solid short-term structure to build on.
Current Price: $1.0003🦋
Breakout Zone: $0.9987 - $1.0000
Key Support: $0.9986🔑
Immediate Resistance: $1.0020 - $1.0045 (supply zone)
1D Chart Outlook:📉
$FDUSD has reclaimed a previously lost CHoCH zone on the daily, hinting at a larger market structure shift in play. Price has reclaimed the 20EMA with a bullish engulfing candle, and stochastic RSI is curving up from oversold territory – a classic setup for trend continuation if momentum sustains.
Stoch RSI Readings:📊
1H: 93.63 (blue) / 83.85 (orange) → Overbought, but holding firm
1D: 32.87 (blue) / 13.50 (orange) → Recovery just beginning
Trade Plan:🧑💻
If the $1.000 zone holds as support, FDUSD has room to push toward $1.0025–$1.0045 short term. However, keep an eye on volume and a potential RSI divergence on lower timeframes. A quick fakeout and pullback to $0.9985 wouldn’t be unusual before a true leg up.
Pro Tip:🧑🏫
Don’t underestimate stablecoin volatility during low-liquidity phases—scalpers can extract quick gains even from minor moves when levels are respected.
👨❤️👨"A patient trader lets the chart speak before moving. Impulse trading is the shortcut to inconsistency."
Disclaimer:⚠️
This analysis is for educational purposes only and not financial advice. Always DYOR and manage your risk responsibly.
