CUSDT ### **📊 Chart Overview – CUSDT (1H):**
* **Current Price:** \$0.3225
* **Recent Trend:** Price is consolidating below a **descending trendline (red)** after a sharp decline from \$0.44–\$0.45.
* **Key Levels:**
* **Support:** \$0.31 – \$0.32 (highlighted zone).
* **Resistance:** \$0.34 – \$0.35 (trendline breakout needed).
* **Major Resistance:** \$0.4456.
---
### **🔍 Technical Breakdown:**
1. **Downtrend Continuation:**
* Price is still below the **red descending trendline**, which acts as dynamic resistance.
* As long as it stays below \$0.34, the bears remain in control.
2. **Bullish Scenario:**
* A **clear breakout above \$0.34** with strong volume could lead to a push toward **\$0.37 – \$0.40**.
3. **Bearish Scenario:**
* Failure to hold **\$0.31 – \$0.32 support** could open doors to a drop towards **\$0.30 or even \$0.28**.
---
### **📌 Summary:**
CUSDT is in a **critical consolidation zone**. Watch the **\$0.32 support** and **\$0.34 resistance** closely — a breakout or breakdown could decide the next move.
---
⚠️ **Disclaimer:**
*This analysis is for educational purposes only, not financial advice. Always do your own research and trade carefully.*
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.