$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