USDT - A Quick Overview Over 15 Minutes
Current Price: $0.04118
Trend: Post-Surge Correction ← Awaiting Next Move
📊 Chart Analysis
The price of ALT has just moved up - it is a traditional breakout candle exceeding $0.05 - but it quickly faced strong selling pressure. Since then, we have witnessed the following:
Cooling phase of five candles with a 7-period moving average decline (0.04196)
Price stability above the previous breakout base (around $0.0410 - $0.0405)
Volume decline ← Market setups, decision area
🎯 Short-term Levels
✅ Bullish Targets (if the price recovers to $0.043-$0.044):
Target 1: $0.0462 - Secondary Resistance
Target 2: $0.0495 - Mid-wick Re-Test Area
Target 3: $0.0550 or more - Full wick revisit
❌ Bearish Risks (if breaking below $0.0400):
Breaking the support area ← Likelihood of decline to:
Target 1: $0.0375 (Secondary Bottom)
Target 2: $0.0350 (Volume Gap)
Target 3: $0.0330 (MA25 Area)
🧠 Conclusion
This surge was surprising, but these cooling periods are normal. If bulls enter near the range of $0.040-$0.041 with high trading volume, it may recharge.
However, if it remains stable for a long time or collapses, it is likely just a pump and fade.
⚠️ Do your own research. This is not advice.