$4 /USDT – 1H Technical Analysis 📉
4USDT is currently in a pullback phase after a strong intraday spike.
🔹 Trend: Short-term bearish, attempting stabilization
Price was rejected from the 0.0297 high and moved into a corrective structure.
🔹 Moving Averages:
Price is trading below MA(25) & MA(99)
MA(7) is acting as minor short-term support
Overall MA structure still favors sellers
🔹 Price Action:
Sharp dump found support near 0.02239
Price bounced and is now consolidating around 0.0241
Recovery lacks strong momentum so far
🔹 Volume:
High volume on the sell-off
Decreasing volume during bounce → weak demand
🔹 Key Levels:
Support: 0.0230 – 0.0223
Resistance: 0.0253 – 0.0268 (MA + breakdown zone)
📌 Bias:
Below 0.0255, the structure remains bearish to range-bound. A sustained break and hold above resistance with volume is needed for bullish continuation.
⚠️ High volatility — trade carefully and manage risk.
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