Current SituationCurrent Price: 226.96 USDTKey Supports:Pivot Point (P): 219 USDTS1: 210.45 USDTS2: 204.70 USDTKey Resistances:R1: 224.75 USDT (currently broken and price is trying to consolidate above)R2: 233.30 USDTR3: 239.05 USDTTechnical AnalysisThe price has bounced strongly from the recent lows around S1 (210.45 USDT). It is currently above R1 (224.75 USDT), which could now act as a short-term support. A test of the Pivot Point at 219 USDT could be a great opportunity for a conservative buy zone. Buying volumes have increased significantly, indicating a likely short-term bullish scenario. Recommended Buy Zones
First Buy Zone (Conservative): 219-220 USDT
This zone coincides with the daily Pivot Point. It is a solid level that could attract new buyers if the price retraces.
Second Buy Zone (Aggressive): 210-211 USDT (S1)
This zone represents strong technical support in case of a deeper correction. Great for those who want to exploit a key level with controlled risk.
Management Strategy
If you enter the recommended buy zones, consider placing a stop loss below S2 (204.70 USDT) to protect capital. Short-term targets: R2 (233.30 USDT) as the first target. R3 (239.05 USDT) as the secondary target
