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This chart shows SUPER/USDT on a daily timeframe, highlighting a bullish breakout from a long-term descending trendline (yellow) and a more recent ascending trendline (green).
The price is currently trading at $1.1128, approaching a significant resistance near $1.1819.
There’s a Fair Value Gap (FVG) below the current price, which could act as a support if there’s a retracement, with the lower bound marked at $0.7691.
The sharp rise following the breakout suggests momentum, but there is risk of rejection near the resistance zone.
The price may retest the support near $0.7827 if the resistance holds and the momentum reverses
TradeWithMky more than 91% winrate live in tradingview 🔥🔥
The price is currently trading at $1.1128, approaching a significant resistance near $1.1819.
There’s a Fair Value Gap (FVG) below the current price, which could act as a support if there’s a retracement, with the lower bound marked at $0.7691.
The sharp rise following the breakout suggests momentum, but there is risk of rejection near the resistance zone.
The price may retest the support near $0.7827 if the resistance holds and the momentum reverses
TradeWithMky more than 91% winrate live in tradingview 🔥🔥
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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.