đš $EURI /USDT UNDER PRESSURE â MAJOR BREAKOUT OR DROP LOOMING! đš
The EURI/USDT chart on the 4-hour time frame shows the pair in a strong descending channel, currently trading at 1.0869 USDT. After hitting multiple resistance points, itâs clear that downward momentum is still in control, but weâre nearing critical levels that could trigger a major move!
đĄ CRITICAL Levels to Watch đĄ
đ§ Key Resistance: 1.0900 USDT â A breakout above this level could push EURI/USDT back toward 1.1100 USDT, with bullish sentiment gathering strength for a short-term rally.
đ Support Zone: 1.0850 USDT â If this level breaks, we could see a sharp decline toward 1.0800 USDT or lower. Bearish momentum could accelerate, catching many traders off-guard.
đ Short-Term Entry Strategy:
Enter short below 1.0850 USDT, target 1.0800 USDT with a stop loss at 1.0900 USDT to protect from upside risks.
đ Long-Term Entry Strategy:
For those looking for a longer-term play, go long above 1.0900 USDT for a breakout, targeting 1.1100 USDT, with a stop loss set at 1.0850 USDT to limit downside exposure.
The market is sitting on the edgeâget ready for an explosive move!
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