$EUR /USDT is suffocating in a tight range. 🫁
$1.1644 — down -0.04% today.
Range: 1.1663 → 1.1640 — just 23 pips wide.
Supertrend at 1.1653 (bearish above price).
All MAs stacked between 1.1643–1.1651 — compressed. ⚡
Volume: 56.5M USDT — lifeless for now.
Break 1.1640 low:
Fast drop to 1.1639 → 1.1620 zone.
Break 1.1653 resistance:
Short squeeze to 1.1663 high → then 1.1675.
This is a coil ready to snap.
Forex degens know:
The tighter the range, the nastier the breakout. 🐍
First one to move wins.
You long or short? 👇
#EURUSDT #Forex #CryptoFX