$IN USDT Perp just experienced a massive wick to 0.26588 and has already retraced to around 0.0885. This kind of move usually indicates either a short squeeze/liquidity hunt or extreme volatility. Chasing longs right now is very risky.
Key Levels
Support 1: 0.0860–0.0880 (current zone)
Support 2: 0.0750
Resistance 1: 0.1050–0.1100
Resistance 2: 0.1250–0.1300
Major Resistance: 0.1500+
Trade Setup #1 (Safer)
Wait for confirmation.
Entry: 0.0910–0.0930 after a 4H candle closes above 0.091.
Targets:
TP1: 0.105
TP2: 0.120
TP3: 0.135
Stop Loss: 0.084
Risk/Reward ≈ 1:2.5
Trade Setup #2 (Aggressive Scalping)
If price dips again:
Buy Zone: 0.082–0.085
Targets: 0.095 → 0.105
Stop Loss: 0.078
Short Setup
Only consider a short if:
Price fails to reclaim 0.091–0.093 and loses 0.086.
Target: 0.075 then 0.068.
Stop Loss: 0.094.
My view right now
🔴 Not a good FOMO long at current price. 🟡 Best approach is to wait for a breakout above 0.091–0.093 or buy a deeper pullback around 0.082–0.085.
Because of the huge wick and extreme volume, keep leverage low (3x–5x maximum) and risk only a small portion of capital. This pair can move violently in either direction within minutes.
#inusdt #in
Key Levels
Support 1: 0.0860–0.0880 (current zone)
Support 2: 0.0750
Resistance 1: 0.1050–0.1100
Resistance 2: 0.1250–0.1300
Major Resistance: 0.1500+
Trade Setup #1 (Safer)
Wait for confirmation.
Entry: 0.0910–0.0930 after a 4H candle closes above 0.091.
Targets:
TP1: 0.105
TP2: 0.120
TP3: 0.135
Stop Loss: 0.084
Risk/Reward ≈ 1:2.5
Trade Setup #2 (Aggressive Scalping)
If price dips again:
Buy Zone: 0.082–0.085
Targets: 0.095 → 0.105
Stop Loss: 0.078
Short Setup
Only consider a short if:
Price fails to reclaim 0.091–0.093 and loses 0.086.
Target: 0.075 then 0.068.
Stop Loss: 0.094.
My view right now
🔴 Not a good FOMO long at current price. 🟡 Best approach is to wait for a breakout above 0.091–0.093 or buy a deeper pullback around 0.082–0.085.
Because of the huge wick and extreme volume, keep leverage low (3x–5x maximum) and risk only a small portion of capital. This pair can move violently in either direction within minutes.
#inusdt #in