๐ $B โ 4H Recovery & Structure Update
BUSDT is showing strong recovery strength after a sharp volatility event, and structure is rebuilding ๐
๐น Market Structure:
After the aggressive dump from 0.29 โ 0.19, price found demand and printed a V-shaped recovery, reclaiming key levels โ a sign of strong dip-buying interest.
๐น Moving Averages:
Price is now back above MA(7) and MA(25) and holding well above MA(99), suggesting the trend is stabilizing after the shakeout.
๐น Price Action:
Current consolidation around 0.256 looks constructive. Higher lows are forming, indicating buyers are regaining control.
๐น Key Levels to Watch:
Immediate Support: 0.245 โ 0.238 (MA25 / local base)
Major Support: 0.218 โ 0.203 (post-crash demand zone)
Resistance: 0.274 โ 0.293 (previous high & rejection zone)
๐น Volume Insight:
Capitulation volume appeared near the lows, followed by declining sell pressure โ often a sign that weak hands are flushed.
๐ก Bias:
Holding above 0.245 โ continuation toward 0.27โ0.29
Losing 0.218 โ recovery weakens, range likely
๐ Conclusion:
BUSDT is attempting a bullish recovery after high volatility. As long as higher lows hold, upside continuation remains on the table.
โ ๏ธ Not financial advice. Always manage risk.
#BUSDT #CryptoTA #BinanceSquare #Altcoins #perpetuals $B
