$4 is in a clear higher-timeframe downtrend. Price topped around 0.050 – 0.052, followed by a sustained sell-off with no real accumulation phase. That move was distribution, not healthy correction.
After the dump, price is now compressing near the lows, but this is bearish consolidation, not bottoming. You can clearly see price staying below all major moving averages, and every bounce is weak, overlapping, and quickly sold.
On the daily structure, the trend is still making lower highs and lower lows. The recent bounce from 0.0168 was only a reaction from demand, not a trend shift. Price failed to reclaim the 0.0188–0.0195 resistance zone, which aligns with short-term EMA supply and prior breakdown level.
Right now, 0.0188–0.0195 is the key sell zone. As long as price stays below this area, bears remain in control.
Key levels explained clearly:
Resistance: 0.0188 – 0.0198 (sell zone, EMA cluster + breakdown retest)
Immediate support: 0.0168
Next support: 0.0152 – 0.0145 if selling accelerates
There is no bullish catalyst, no volume expansion, and no higher-low structure yet. Sentiment remains weak, and any green candles here are likely liquidity grabs for shorts, not genuine reversals.
Trying to long here is early and risky. The higher-probability play is still short on bounce, not catching a bottom.
📌 When would bias change?
Only if price reclaims and holds above 0.0205 with strong volume. Until that happens, shorts remain favored.
🔽 Short Scalp Trade Signal
Entry Zone: 0.0188 – 0.0198
TP1: 0.0168
TP2: 0.0152
Stop Loss: 0.0212
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Move your stoploss to entry after TP is smashed
Short #4USDT Here 👇👇