S/USDT The Big Test at the Trendline β Rebound or Rejection?S / TetherUSBINANCE:SUSDTCryptoNuclearπ Overview The price action of S/USDT remains under pressure from a long-term downtrend, marked by the descending trendline (yellow) that has consistently capped every rally attempt since early this year. After bouncing from the 0.2219 major low, price has shown a solid rebound and is now testing the critical confluence resistance zone at 0.2984 β 0.31. This area is a make-or-break level: will buyers manage a breakout to end the sellerβs dominance, or will the trendline reject price once again? --- π§© Structure & Pattern 1. Descending Trendline β A clear series of lower highs confirms seller dominance. β Each rally attempt has been rejected at this line. 2. Key Supports β 0.2219 β the major swing low and critical downside level. β Minor support zone: 0.260 β 0.244. 3. Layered Resistances β 0.2984 (current test) β the first breakout checkpoint. β 0.3531 β 0.3946 β next upside targets if breakout holds. β 0.6088 β 0.8650 β major resistance levels, potential rally zone in the mid-term. --- π Bullish Scenario (If Breakout Holds) Confirmation: Daily close above 0.2984β0.31 with strong volume. Entry Idea: Buy on retest of the breakout zone. Upside Targets: TP1 β 0.3531 TP2 β 0.3946 TP3 β 0.6088 Stop Loss: Below 0.28 (or below the retest low). Narrative: A breakout from the descending trendline could signal the first step of a trend reversal, opening the path for further bullish momentum. --- π Bearish Scenario (If Rejection Happens) Confirmation: Bearish rejection candle (engulfing / pinbar) around 0.298β0.31. Entry Idea: Short/sell after confirmation of rejection. Downside Targets: TP1 β 0.260β0.244 TP2 β 0.2219 (major low) Stop Loss: Above 0.31β0.33. Narrative: As long as price remains below the trendline, the broader bearish structure is intact. Rejection here may trigger continuation towards the lows. --- π Conclusion The 0.298β0.31 zone is a major battleground between bulls and bears. A confirmed breakout could shift momentum towards 0.3531β0.3946. A rejection, however, keeps downside risk alive with targets back to 0.2219. Best strategy: Wait for daily close + volume confirmation before committing to major positions. --- π Key Levels to Watch Support: 0.2884 β 0.260β0.244 β 0.2219 Resistance: 0.2984 β 0.3531 β 0.3946 β 0.6088 β 0.8650 --- #SUSDT #CryptoAnalysis #Altcoin #TechnicalAnalysis #TrendlineBreakout #BearishVsBullish #CryptoTrading #SwingTrade #SupportResistance