DEEP/USDT — Critical Support Zone: Rebound or Breakdown?Currently, DEEP/USDT is testing a major support area around 0.110 – 0.131 USDT (yellow box). This zone has acted as a strong demand level several times in the past, making it the key decision point: will price rebound toward higher resistance levels, or will it break down and extend the bearish trend?
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🔹 Price Structure & Pattern
Earlier this year, DEEP reached a high of 0.34498 before facing a sharp correction.
Since May, the chart has been moving in a sideways range, but with a clear pattern of lower highs — showing ongoing selling pressure.
The yellow box (0.110 – 0.131) represents the main demand/support zone. Whether price holds or breaks this zone will define the next major move.
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✅ Bullish Scenario
If the support holds and price bounces:
Step-by-step upside targets:
1. 0.1767 → +35%
2. 0.2017 → +54%
3. 0.2228 → +70%
4. 0.3019 – 0.3428 → +130% from current levels
Bullish confirmation: a reversal candle (bullish engulfing / pin bar) with strong volume, or a daily close above 0.1767.
Strategy: Enter near support with a conservative SL below 0.095 to avoid fakeouts.
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❌ Bearish Scenario
If support fails and the daily close drops below 0.110:
Immediate downside target: 0.0900
Extended breakdown may push price toward the 0.0457 major low.
Bearish confirmation: strong daily close below the yellow zone with high selling volume.
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🎯 Conclusion
DEEP is at a make-or-break level. A rebound from support could trigger a rally of over +100%, while a breakdown might lead to a retest of its historical lows. Traders should wait for clear confirmation (candle + volume) before entering. Always apply strict risk management and avoid impulsive trades.
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