Ankr / TetherUS
Long

ANKR/USDT – Weekly Macro Reversal from Historical Demand Zone!

34
🧠 Analysis Overview:

ANKR is showing strong signs of a potential macro reversal after bouncing off its historical demand zone around 0.017–0.019 USDT. This zone has proven to be a significant accumulation area in past cycles — fueling major rallies in both 2021 and 2023. The recent reaction at this level could mark the beginning of a substantial bullish leg in the mid-to-long term.


🔍 Pattern & Structure Breakdown:

✅ Demand Zone Re-Tested:
This zone has been tested multiple times over the years and continues to attract buying interest, signaling institutional accumulation.

✅ Potential Weekly Double Bottom:
Price has formed a clear double bottom with a strong bullish rejection candle, indicating buyers are stepping back in.

✅ Macro Accumulation Range:
For nearly two years, ANKR has been ranging between 0.018 – 0.21 USDT. It’s currently at the bottom of that range, providing a high risk-reward opportunity.

✅ Fibonacci Extension Targets:
Well-defined horizontal resistances (in yellow) suggest clear roadmap targets for bullish continuation — ranging from 0.024 to 0.216.


🚀 Bullish Scenario (HIGH PROBABILITY SETUP):

Ideal Entry Zone: 0.018–0.020 USDT

Initial Breakout Confirmation: Above 0.02437

Progressive Targets:

0.03067 – minor resistance

0.04253 – previous swing high

0.06191 – historical supply

0.09808 – 0.12196 – prior distribution zone

0.16708 – 0.21662 – cycle top targets


🎯 Potential Upside: 200% – 1000%+
📈 Trend Reversal Confirmed: Once weekly higher-highs are established



⚠️ Bearish Scenario (RISK MANAGEMENT):

Breakdown below 0.01800 could trigger:

0.01200 (intermediate support)

0.00700 – 0.00446 (macro-level supports)

❗️Bearish Bias Valid: On weekly close below 0.01700 with strong selling volume


🧭 Conclusion:

> ANKR is currently at a critical macro support zone with a technically sound reversal setup.
For swing traders and mid-term investors, this is a strategic area to monitor for potential trend shift.
Tight risk, massive reward.


📌 Strategy Recommendation:

Use DCA (dollar-cost averaging) in the demand zone

Place conservative stop-loss below 0.01700

Watch for breakout with volume above 0.02437 to confirm bullish reversal

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