Trades & Analysis

This is CORE at the moment

COREUSDT 4H chart, here’s a breakdown of the current setup:

📊 Market Structure & Price Action

Current Price: Around 0.5510 USDT

Support Zone: Clearly seen around 0.5350 – 0.5500 (highlighted by the yellow box). Price has bounced multiple times here, suggesting strong demand.

Resistance Zone: Around 0.5750 – 0.5800, and then stronger resistance around 0.6000.

Trend: Still bearish overall, but showing consolidation at the support area with signs of accumulation.

✅ Buy Signal

A Buy signal has recently triggered from your indicator (likely UT Bot).

Price seems to be trying to hold above the support zone, hinting at a possible reversal attempt or relief rally.

📉 Volume & RSI

Volume: Recently spiked slightly during the most recent bounce—shows minor interest from buyers.

HARSI (Hybrid RSI):

Currently climbing back above the 0 line to 14, showing bullish momentum building.

No visible divergence, but the pattern is shifting from weakness to strength.

🔍 Summary & What to Watch

Factor Status Notes

Structure Accumulation Holding support
Signal Buy UT Bot buy confirmed
RSI Bullish turn Rising momentum
Volume Moderate Watch for spike on breakout
Resistance Near Eyes on 0.5750 & 0.60

🧠 Your Next Key Levels

If bullish move continues:

Target 1: 0.5750

Target 2: 0.6000

If breakdown happens:

Watch for break below 0.5350, which would invalidate the current bullish setup.

BTC trade

CORE/USDT
where would the market go from here?
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this is on the daily time frame