MAJORUSDT trade ideas
Major (USDT) – Gann Levels Analysis & Possible ScenariosHello dear traders,
you deserve an update to the previous chart here
Update:
The pair is currently trading around $0.1931, consolidating within a range-bound structure after a sharp downtrend. The price is hovering near the 540° Gann level ($0.1972) and 570° Gann level ($0.1532), forming a potential accumulation zone.
This setup suggests that the market is in a decision phase, awaiting a catalyst to either break out or continue the downward momentum. Let’s analyze the key Gann levels and what they indicate.
📈 Key Gann Levels & Their Implications:
🔹 Immediate Resistance:
540° – $0.1972: A critical level that price is currently testing. A breakout above it may confirm bullish momentum.
510° – $0.2468: If price reclaims this level, we could see a trend reversal toward higher targets.
🔹 Major Resistance Levels:
480° – $0.3020: A strong historical resistance zone, breaking above this may trigger a larger rally.
450° – $0.3624: Psychological resistance; clearing this level could confirm a medium-term uptrend.
🔹 Immediate Support:
570° – $0.1532: A crucial demand zone where buyers previously stepped in. Holding above it could prevent further decline.
600° – $0.1147: A break below $0.1532 may bring this level into focus.
🔹 Final Support Zone:
630° – $0.0818: This would be a major breakdown level if bearish momentum accelerates.
🚀 Potential Market Scenarios:
🟢 Bullish Case:
If price breaks and holds above $0.1972 (540° Gann level), it could trigger a move toward $0.2471 (510° level).
A confirmed breakout above $0.3020 (480° level) may accelerate a bullish trend towards $0.3624 and beyond.
This scenario would likely require increased buying volume and a broader market recovery.
🔴 Bearish Case:
Failure to hold $0.1972 could push price back to $0.1532 (570° Gann level), where buyers may attempt to stabilize.
A break below $0.1532 could lead to further downside towards $0.1147 (600° level).
If selling pressure persists, $0.0818 (630° level) would be a worst-case scenario, marking a deep decline.
⚠️ Key Takeaways:
📍 Price is stuck in consolidation, testing a critical decision level ($0.1972).
📍 Bulls need to reclaim $0.2468+ to confirm an uptrend.
📍 Bears will dominate if price loses $0.1532, risking further decline.
💬 What’s your outlook? Do you expect a breakout or another leg down? Drop your thoughts below! 🔥
#Crypto #USDT #GannAnalysis #Trading #TechnicalAnalysis 🚀
MAJOR Breakout from the descending channel, a pump is coming!🟢 Local timeframe: 4-hour. Asset group: low liquidity.
📈 A descending channel has been in place since the listing of this asset, currently down -59.6% (at one point it was -63%, but that’s not critical). The price has now stabilized, moving sideways, but it’s being squeezed toward the descending channel. Most likely, we’ll see a breakout soon, in line with the broader market trend—“Altseason,” the one everyone’s been waiting for. 😄
⚠️ Additionally, a triangle is forming with narrowing volatility, suggesting we’re close to a resolution.
❗️Important! There has been no breakout yet, and a new trend is just starting to emerge.
📉 Be aware of the possibility of a false breakout or a pullback within the triangle. Also, take into account the extremely low liquidity, which means unexpected “tricks” can happen. Avoid trading with high leverage—it’s better to wait for a confirmed breakout. Yes, it may cost a bit more, but you’ll trade with more confidence.
👀 Note the large cup pattern being formed on many assets right now. It’s better to sell near the median line of the cup, which is 134% from the bottom. Beyond that, it’s not your concern if you’re trading locally—all levels are outlined.
✔️💸 It’s a bit surprising that this asset has been driven down so much, considering the significant promotional campaign and massive fan base. They will pump it for sure, but it seems they’re shaking out “weak hands” first. The chart is similar to DOGE, except everything is happening faster here, as they seem to have limited time and want to quickly destroy confidence in the project. Keep in mind that the TON group includes DOGE-like assets and others—these will be pumped sequentially, creating multiple opportunities to rotate your capital. Use this situation wisely, as events will unfold quickly.
Also worth noting: right now, many are afraid to buy because they’re expecting yet another bottom—maybe the tenth one for good measure.
Major (MAJOR): Blockchain Gaming Token with Resilient Market PerAs of December 14, 2024, Major (MAJOR) is trading at $0.9006, with a daily low of $0.804. Over the last 24 hours, the token has experienced a 9.54% price increase and reached a trading volume of approximately $107.99 million. Major is currently ranked #578 with a market capitalization of $75.86 million. The token's all-time high was $36.75 on November 27, 2024, while its all-time low was $0.6027 on November 28, 2024.
Highlights:
Performance and Market Activity:
Major has seen significant price fluctuations, with a recent recovery of 48.22% from its all-time low.
It is actively traded across multiple exchanges, showcasing robust liquidity.
Ecosystem and Features:
Integrated with the TON blockchain ecosystem, Major supports gaming and Telegram-based functionalities/
It has gained traction as part of the expanding blockchain gaming and decentralized applications landscape.
Market Sentiment:
Analysts are watching Major for its potential in capturing a niche in decentralized and gaming applications.
This cryptocurrency exemplifies the growing trend of blockchain integration into entertainment and communications.
Disclaimer: Not Financial Advice, Only for Research Purposes.
Major 4 hAccording to the data, the number of tokens and the market cap are equal and there is no fake price on the chart. The market is trading below $100 million and this is a chance to multiply your capital by 4-10 times. Major will increase its price several times after the NFT launch. This is a lottery ticket in your hand. When ton sold virtual numbers in the fragment, it was not more than 10 toncoin, now it is worth 300 toncoin. Major is a great place to earn money, take advantage of this opportunity.