Medusausdt Trading idea

7 thg 11, 2024

MEDUSAUSDT remains in a strong downtrend, with price recently breaking below a prior accumulation zone, turning it into a supply area now acting as immediate resistance. Our strategy is to wait patiently for a rejection in this zone to consider a short position, or to enter a long position aiming to target this critical area. Close monitoring of this zone is essential, as any price close above it would invalidate further downside potential, as illustrated on the chart.