$QUICK
/USDT: Bearish Retracement ā Key Levels for Potential Reversal šÆ
Current Price: 0.05022 (down -9.07% in 24 hours, slight decrease of -0.34% in the last 15 minutes).
Key Levels:
Support: 0.04988 (24h Low) ā Watch for a potential bounce here, as this level holds immediate support.
Resistance: 0.05616 (24h High) ā Breakout above this level could signal a return to bullish momentum.
Trade Strategy:
Buy: Look for a rebound near 0.04988 for a possible reversal, or wait for a breakout above 0.05100 to confirm bullish continuation.
Stop-Loss: Set a stop below 0.04900 to limit downside risk.
Target Keys šÆ:
1. T1: 0.05150 ā Immediate resistance; consider partial profits here.
2. T2: 0.05300 ā Next resistance level, a strong point for a trend continuation.
3. T3: 0.05500 ā Upper resistance zone; potential target if the uptrend resumes.
Risk Management: Keep tight stops below 0.04900 and monitor for a breakout above 0.05100 to confirm upward momentum.
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