๐บ $SAFE
USDT โ STRONG MOVE OFF THE LOWS, TESTING SUPPLY ZONE
$SAFEUSDT is up +6.74%, currently trading at $0.4420, with decent volume and a recovery from the daily low of $0.4119. It's pushing toward the 24h high of $0.4643, approaching a potential resistance zone.
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๐ Key Levels:
Support: $0.4320
Resistance: $0.4640
Current Price: $0.4420
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๐ฏ Trade Setup (Short-Term Reversal Idea):
Entry Zone (Short): $0.4420 โ $0.4640
Take Profit Targets:
TP1: $0.4320
TP2: $0.4200
Stop Loss: $0.4675
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๐ Market Outlook:
SAFE is bouncing well but may struggle at the $0.464 zone, which is the dayโs high and near the 10 MA rejection zone on lower timeframes. If it gets rejected, a pullback to $0.43โ$0.42 is likely. Wait for a rejection signal before shorting.
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โ ๏ธ Risk Management Tip:
Volume is building, and MA(10) > MA(5) = momentum could shift. Watch for a clear reversal pattern (e.g., double top or bearish candle close) before entering.
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๐ฌ Comment REJECTION ZONE ๐ป, WATCH & WAIT โฑ๏ธ, or BULLISH CONTINUATION ๐ if trend breaks above $0.467.
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