USDT - Quick glance over 15 minutes
Current price: $0.04118
Trend: Post-sudden spike correction ← watch for the next move
📊 Chart Analysis
The ALT price just moved upward - it is a traditional breakout candle exceeding $0.05 - but it quickly faced strong selling pressure. Since then, we have seen the following:
Cooling phase for five candles with a 7-period moving average (0.04196)
Price stability above the previous breakout base (around $0.0410 - $0.0405)
Volume decrease ← market settings, 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 retest area
Target 3: $0.0550 or more - full wick revisit
❌ Bearish risks (if it breaks $0.0400):
Breaking the support area ← potential drop to:
Target 1: $0.0375 (secondary bottom)
Target 2: $0.0350 (trading volume) price 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 financial advice. Markets are volatile - always trade responsibly!