š RECALL/USDT Technical Analysis (2H Chart)
Current Price: $0.3536
Structure: Descending Triangle Breakout Watch
Key Levels:
š“ Support Zone: $0.29 ā $0.31
š Resistance Zone (TP1): $0.39 ā $0.40
š¢ Major Resistance / TP2: $0.47 ā $0.49 (trendline resistance)
Analysis:
Price successfully bounced from the $0.30 support zone and is now testing mid-range resistance around $0.35ā$0.36.
If bulls manage a breakout above $0.39, momentum could extend toward the upper trendline near $0.49.
However, rejection from current levels may lead to a retest of the $0.30 demand zone.
Bias: Short-term bullish until $0.33 support holds.
Targets:
TP1 ā $0.39
TP2 ā $0.48ā$0.49
Invalidation: Below $0.30$RECALL showing early reversal signs from a strong demand zone šŖ
Watching for breakout confirmation above $0.39 to target $0.49 area š
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