$GENIUS !! At Major Support 🚨
GENIUSDT What Next After Losing Key Support: Can make a recovery❓
#GENIUSDT is trading at 0.5829 after breaking down from the 0.6737 resistance zone. The chart shows price rejected hard from that red box area multiple times, and the yellow rising trendline that held buyers in earlier also got lost. Once that trendline broke, sellers took control and pushed price straight down to the current green support zone near 0.5750 to 0.5850.
This 0.5750 to 0.5850 area is critical now. It’s the last defense before the 0.5000
#psychological level and the 0.4329 low. If buyers step in here and reclaim 0.5850, we could see a relief bounce back toward 0.6737 for a retest. That zone would act as resistance again, and only a close above it flips structure back
#bullish toward 0.7606 and the 0.8277 high.
If 0.5750 fails with a daily close below, the next move is likely a sweep of 0.5000 and then down to 0.4329. That would complete the breakdown from the range high and reset GENIUS for a new accumulation phase. Volume has picked up on the drop, which confirms sellers are in control for now.
So the next 24 to 48 hours decide the direction. Hold 0.5750 and we get a bounce. Lose 0.5750 and 0.4329 becomes the magnet.
Are you watching
#GENIUS for a long at support or waiting for a breakdown confirmation?