📉Technical Chart Summary of MUSDT
Current Price: $0.3589
24h High/Low: $0.4225 / $0.3541
Trend: Bearish (Strong Downtrend)
📊 Technical Indicators:
MA(7) and MA(25): Both are sloping downward and MA(7) is below MA(25) = bearish pressure.
MA(99) is far above the price = long-term downtrend.
Volume: Dropping steadily = loss of momentum and buyer interest.
📌 Key Levels:
Support: $0.3540 (critical support zone; break = more downside)
Resistance: $0.3980 (MA25), $0.43 (previous bounce)
Major Resistance Zone: $0.57–$0.71 (if reversal starts)
---
⚠️ Trading View:
🔴 Bearish Bias
Price below all major MAs (7, 25, 99)
Volume declining
No bullish reversal pattern visible yet
✅ Short Opportunity
If price fails to break $0.3980, short toward $0.32 or lower
Place stop-loss above $0.41
❌ Avoid Long Entry unless:
Strong breakout with volume above $0.43
MA(7) crosses above MA(25) with price following
#AltcoinSeasonLoading #BTCWhaleTracker #BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek