$GENIUS !!! Key Retest In Progress After Strong Bounce 🚀🚨
#GENIUSUSDT is trading at 0.5710 on the 4h and bulls are trying to flip structure after that brutal drop to 0.4119. Price bottomed and ripped over 38 percent straight up, now retesting the first red supply box around 0.5711 to 0.5741. This zone was support before the breakdown, so it is natural resistance now.
The main buying zone is a retest of the yellow rising trendline and the lower red box near 0.48 to 0.50. If GENIUS pulls back into that area and holds with a higher low, that is where you want bids. Losing 0.48 invalidates the reversal and opens 0.4119 again.
For continuation, bulls need a clean 4h close above 0.5741. That flips this box into support and targets the next supply at 0.6655. Reclaiming 0.6655 puts 0.7570 and the 0.8277 highs back on the table.
Short term, watch how price reacts to 0.5710. Rejection here likely means a dip to build a higher low. Acceptance above means momentum continues. Trade the level, not hope.
Trade from here before DYOR 👇
