• Setup:
• A long position is marked with a risk/reward box.
• Entry Zone: ~0.0422 USDT (current level).
• Stop-Loss (SL): ~0.0372 – 0.0378 USDT (red zone below).
• Target (TP): ~0.0621 USDT (green box top).
• Key Levels:
• Support Zone: 0.0372 – 0.0378
• Resistance Zone: 0.0546 – 0.0560 (previous high before correction)
• Major Target: 0.0621
• Indicators:
• Price recently had a strong parabolic pump followed by a retracement.
• Now consolidating near the moving averages (yellow & blue lines), testing resistance.
• Volume shows decreasing selling pressure after the initial dump.
📌 Summary:
ATH/USDT had a sharp rally but retraced back to a support zone near 0.042. A potential bounce setup is forming if price holds this support. Upside target sits around 0.062, but a break below 0.0372 would invalidate the long setup.
• A long position is marked with a risk/reward box.
• Entry Zone: ~0.0422 USDT (current level).
• Stop-Loss (SL): ~0.0372 – 0.0378 USDT (red zone below).
• Target (TP): ~0.0621 USDT (green box top).
• Key Levels:
• Support Zone: 0.0372 – 0.0378
• Resistance Zone: 0.0546 – 0.0560 (previous high before correction)
• Major Target: 0.0621
• Indicators:
• Price recently had a strong parabolic pump followed by a retracement.
• Now consolidating near the moving averages (yellow & blue lines), testing resistance.
• Volume shows decreasing selling pressure after the initial dump.
📌 Summary:
ATH/USDT had a sharp rally but retraced back to a support zone near 0.042. A potential bounce setup is forming if price holds this support. Upside target sits around 0.062, but a break below 0.0372 would invalidate the long setup.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
