🚀 $USTC /USDT Testing Crucial Zones – Ready to Breakout? 🚀
The $USTC /USDT chart shows a strong upward channel on the 15-minute timeframe, with prices pushing against a key resistance zone around 0.02439 USDT. This resistance is a pivotal point – a clear breakout here could trigger an upward momentum as buyers pile in, aiming for higher targets. On the flip side, immediate support is visible at 0.02350 USDT. A break below this level might signal a short-term pullback, potentially testing the lower channel near 0.02300 USDT.
💡 Entry Strategy:
• Long Entry: Consider entering above 0.02440 USDT if there’s a breakout confirmation, with a target range up to 0.02490 USDT. Set a stop loss at 0.02380 USDT to manage risk.
• Short Entry: If the price faces rejection near 0.02440 USDT and drops below 0.02350 USDT, a short position could target 0.02300 USDT or lower. Place a stop loss around 0.02400 USDT for protection.
🔍 Long-Term View: A sustained breakout above the resistance could signal a broader trend shift, opening up for extended gains in the coming sessions.
⚠️ Risk Notice: Always monitor for volume confirmation on breakout and breakdown moves to avoid false signals in this high-volatility zone.
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