📉 Quick technical analysis:
✅ Strong resistance:
0.8600 has now become a very strong resistance, we observed clear selling pressure at this level.
✅ Potential support:
First support area candidate: 0.62 – 0.65 USDT
Stronger support at: 0.5180 USDT (gap between previous candles)
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📊 Short trading plan (Scalp or Quick Trade)
🎯 Scenario 1: Entry on correction
🔽 Entry between 0.62 – 0.65 (upon the appearance of a bullish reversal candle like Hammer or Bullish Engulfing)
🎯 Quick targets:
TP1: 0.75
TP2: 0.82
TP3 (Adventure): 0.88 - 0.90
🛑 Stop loss below 0.60
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🚫 Scenario 2: Bearish breakout
If the price breaks 0.60 with a strong candle, the possibility of dropping to 0.51 – 0.48
No entry in this scenario unless a very clear rebound occurs with high trading volume.