$4
4USDT — Capitulation at All-Time Lows
4USDT is trading at $0.01925, pinned at its all-time lows after a catastrophic -80% quarterly collapse. The asset shows no signs of a base or accumulation, with price action characterized by relentless selling and dead-cat bounces. This is a pure momentum-driven downtrend in a state of price discovery to the downside.
Trade Plan (Short - Downtrend Continuation)
Entry (Short): $0.0192 – $0.0190 (on any failed bounce or a breakdown below the $0.01921 24h low).
Target 1: $0.0185 – $0.0180 (initial psychological support levels in uncharted territory).
Target 2: $0.0170 – $0.0165 (measured move target based on the recent range expansion).
Stop Loss: $0.0198 (above the local resistance and the immediate swing high).
My View
This is the definition of a falling knife. There is no technical support, only psychological round numbers. The weekly and monthly trends are violently bearish. The most probable path is a continuation of the downtrend, with occasional sharp but brief bounces that are swiftly sold. This setup is only for aggressive, short-term momentum traders who can manage extreme risk. Position size must be minimal and entries should be timed on breakdowns of minor intraday supports.