🚨 S/USDT 4H Chart: Is the Bottom In or More Pain Ahead? 📉
Looking closely at the 4-hour chart in "1000347676.jpg", S/USDT is locked in a heavy bearish downtrend, currently trading at 0.02076 (down over 11%).
🔍 Key Takeaways from "1000347676.jpg":
The Trend: Total bears. Price is trading well below the MA(7), MA(25), and MA(99), showing massive downward momentum.
Support Test: It just hit a 24h low of 0.02009, hovering dangerously close to the lower Bollinger Band (DN: 0.01966).
The Silver Lining: A massive volume spike occurred near the bottom, and the order book shows 71.65% Bids (buyers) trying to step in vs. 28.35% Asks.
💡 The Play:
Don't FOMO-buy the falling knife just yet. Watch if 0.02000 holds as solid psychological support. If buyers push a reversal here, a quick relief rally toward 0.02150 (MA7) is possible. Break below 0.02000? Expect further bleeding.
What’s your move? Catching the dip or waiting for confirmation? 👇
$S
#MemeCoreMTokenCrashes80% #OilFuturesFallAbout4% #MicronSharesRise10%AfterHours #HormuzStraitShips20MBarrelsDaily OrnnRaises$33MSeedLedByA16zCrypto#SKHynixADRListing
Looking closely at the 4-hour chart in "1000347676.jpg", S/USDT is locked in a heavy bearish downtrend, currently trading at 0.02076 (down over 11%).
🔍 Key Takeaways from "1000347676.jpg":
The Trend: Total bears. Price is trading well below the MA(7), MA(25), and MA(99), showing massive downward momentum.
Support Test: It just hit a 24h low of 0.02009, hovering dangerously close to the lower Bollinger Band (DN: 0.01966).
The Silver Lining: A massive volume spike occurred near the bottom, and the order book shows 71.65% Bids (buyers) trying to step in vs. 28.35% Asks.
💡 The Play:
Don't FOMO-buy the falling knife just yet. Watch if 0.02000 holds as solid psychological support. If buyers push a reversal here, a quick relief rally toward 0.02150 (MA7) is possible. Break below 0.02000? Expect further bleeding.
What’s your move? Catching the dip or waiting for confirmation? 👇
$S
#MemeCoreMTokenCrashes80% #OilFuturesFallAbout4% #MicronSharesRise10%AfterHours #HormuzStraitShips20MBarrelsDaily OrnnRaises$33MSeedLedByA16zCrypto#SKHynixADRListing