Hello traders and investors, here’s my detailed outlook on SUPER/USD — and this setup is starting to look really interesting.
After a continuous downside wave, price has now reached a major support zone around 0.48–0.49, an area that previously triggered a strong bullish rally. The candles are showing early signs of exhaustion from sellers, suggesting we might be witnessing the final phase of distribution before accumulation kicks in again.
Looking closely, there’s a clear pattern of lower highs and equal lows, which often traps late sellers before a strong reversal. If price makes one more sweep down into 0.47–0.45, that could be the liquidity grab the market needs before turning up.
Once we get a clean breakout above 0.55, that’s where the real confirmation comes in — indicating a potential trend reversal and a start of a fresh bullish leg. In that case, I’ll be targeting 0.60 first, and then possibly 0.69, which aligns perfectly with the previous resistance and dynamic envelope levels.
As long as price holds above 0.47, the bullish outlook remains valid. A breakdown below that would invalidate the setup, but for now, the structure looks poised for a strong bounce.
So, my plan is simple — watch how price reacts at this zone, stay patient, and let the market show its hand. Smart money usually moves quietly before the breakout, and I think we’re in that quiet stage right now.
Technical View:
Support zone: 0.47–0.45 (accumulation base)
Immediate resistance: 0.55 (confirmation level)
Next targets: 0.60 and 0.69
Bias: Short-term neutral → mid-term bullish
Summary:
SUPER/USD looks ready for a strong technical rebound. I expect some sideways movement before a breakout, but once bulls take over, the upside momentum could accelerate fast.
After a continuous downside wave, price has now reached a major support zone around 0.48–0.49, an area that previously triggered a strong bullish rally. The candles are showing early signs of exhaustion from sellers, suggesting we might be witnessing the final phase of distribution before accumulation kicks in again.
Looking closely, there’s a clear pattern of lower highs and equal lows, which often traps late sellers before a strong reversal. If price makes one more sweep down into 0.47–0.45, that could be the liquidity grab the market needs before turning up.
Once we get a clean breakout above 0.55, that’s where the real confirmation comes in — indicating a potential trend reversal and a start of a fresh bullish leg. In that case, I’ll be targeting 0.60 first, and then possibly 0.69, which aligns perfectly with the previous resistance and dynamic envelope levels.
As long as price holds above 0.47, the bullish outlook remains valid. A breakdown below that would invalidate the setup, but for now, the structure looks poised for a strong bounce.
So, my plan is simple — watch how price reacts at this zone, stay patient, and let the market show its hand. Smart money usually moves quietly before the breakout, and I think we’re in that quiet stage right now.
Technical View:
Support zone: 0.47–0.45 (accumulation base)
Immediate resistance: 0.55 (confirmation level)
Next targets: 0.60 and 0.69
Bias: Short-term neutral → mid-term bullish
Summary:
SUPER/USD looks ready for a strong technical rebound. I expect some sideways movement before a breakout, but once bulls take over, the upside momentum could accelerate fast.
Market Analyst | XAU/USD Focused
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Market Analyst | XAU/USD Focused
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.