$H Title: HUSDT Plunge Is Nearly Over, a Big-Scale Reversal Rally Is About to Start



Core Data

Current price is 0.05692, with a 12.39% drop in a single day; the 7-day decline reaches as high as 74.9%, and the short-term market is severely oversold.
On the 4-hour timeframe, the price has continued probing lower and has already touched the support of the prior low at 0.04676, with selling pressure having been fully released.

Underlying Logic

1. Negative news fully realized: The negative effect from the project's 540 million tokens scheduled for delivery has already been fully digested. Most of the funds used for dumping have basically exited, and what’s left are mostly trapped positions—bearish force is running out.

2. Technical oversold: The price has been grinding lower along the moving averages. After consecutive large bearish candles, momentum has weakened, and the 4-hour indicators have entered an extremely oversold zone—ready for a technical rebound and recovery at any time.

3. Capital battle opportunity: In the short term, bearish profit-taking has concluded. Bottom-fishing capital will gradually step in to compete for an oversold rebound, with sufficient room for a short-term bounce.

Trading Assessment

Support range: 0.05130~0.04676. This range is strong support, and it is difficult to break down effectively again.
First rebound target: 0.05920 (WMA10 moving average resistance)
Second rebound target: 0.06800 (WMA20 moving average)

After consecutive halvings, can this oversold rebound play out into a double-up recovery?
Trump track dogecoin conan, the project’s backers and the community are joining forces to push a staking ecosystem—hot and ongoing. sol chain xBQt
H5.62%
View Original
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned