S/USDT The Big Test at the Trendline β€” Rebound or Rejection?

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S/USDT The Big Test at the Trendline β€” Rebound or Rejection?S / TetherUSBINANCE:SUSDTCryptoNuclearπŸ”Ž 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 – 0.31. This area is a make-or-break level: will buyers manage a breakout to end the seller’s dominance, or will the trendline reject price once again? --- 🧩 Structure & Pattern 1. Descending Trendline – A clear series of lower highs confirms seller dominance. – Each rally attempt has been rejected at this line. 2. Key Supports – 0.2219 β†’ the major swing low and critical downside level. – Minor support zone: 0.260 – 0.244. 3. Layered Resistances – 0.2984 (current test) β†’ the first breakout checkpoint. – 0.3531 – 0.3946 β†’ next upside targets if breakout holds. – 0.6088 – 0.8650 β†’ major resistance levels, potential rally zone in the mid-term. --- πŸ“ˆ Bullish Scenario (If Breakout Holds) Confirmation: Daily close above 0.2984–0.31 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. --- πŸ“‰ Bearish Scenario (If Rejection Happens) Confirmation: Bearish rejection candle (engulfing / pinbar) around 0.298–0.31. Entry Idea: Short/sell after confirmation of rejection. Downside Targets: TP1 β†’ 0.260–0.244 TP2 β†’ 0.2219 (major low) Stop Loss: Above 0.31–0.33. Narrative: As long as price remains below the trendline, the broader bearish structure is intact. Rejection here may trigger continuation towards the lows. --- πŸ“ Conclusion The 0.298–0.31 zone is a major battleground between bulls and bears. A confirmed breakout could shift momentum towards 0.3531–0.3946. 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. --- πŸ“Œ Key Levels to Watch Support: 0.2884 β†’ 0.260–0.244 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