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DRIFT / TetherUS PERPETUAL CONTRACTDRIFT / TetherUS PERPETUAL CONTRACTDRIFT / TetherUS PERPETUAL CONTRACT

DRIFT / TetherUS PERPETUAL CONTRACT

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Descending Broadening Wedge on DRIFT Bounce or BreakdownDRIFTUSDT price is moving within a descending broadening wedge. Price has dropped sharply and is now testing the lower boundary right around the immediate demand zone at 0.025. The important supply zone sits way up at 0.26 acting as strong overhead resistance. This pattern often leads to a reversal once price breaks above the upper descending trendline. For now, I'm watching closely for a bounce and reclaim above 0.040 with decent volume as a potential long setup. If it holds here, the measured move from the wedge could push price significantly higher toward previous swing highs. Invalidation would be a clean break and close below the lower wedge line. Currently sitting near 0.025 after that heavy selloff, so next few candles will be key for confirmation.
BYBIT:DRIFTUSDTLong
by weslad
1
#DRIFTUSDT Descending channel ?#DRIFT The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone in green at 0.03310. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.03574 First Target: 0.03648 Second Target: 0.03757 Third Target: 0.03900 You can stop at the first and second targets and close the price, or continue towards the third target. Stop Loss: At the resistance zone in green. Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.
BINANCE:DRIFTUSDT.PLong
by CryptoAnalystSignal
DRIFT is forming a bull trap (4H)As you know, millions of dollars were stolen from DRIFT by hackers in recent weeks, which led to a sharp drop in the asset. However, since many traders are now heavily shorting this coin, it has become an attractive target for market makers. In our view, DRIFT could move upward toward the red zone first, potentially triggering liquidations across short positions, before rejecting back to the downside. We are looking for sell/short positions within the red zone. Alternatively, you can wait for confirmation before entering a short position to reduce risk. This is a highly volatile and risky coin. Do not forget to apply strict risk management. If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you. Do you also think DRIFT is bearish?
BINANCE:DRIFTUSDT.P
by behdark
24
$DRIFT: Solana’s next DeFi frontrunner?Drift v3 is now live. Drift has kept building through every market phase with one clear aim: deliver a stronger trading experience. The v3 release introduces a modern redesign and much faster execution. Technical View: Price is currently testing the $0.25 diagonal resistance, and with Bitcoin struggling to hold 91k heading into the weekend, I’m not expecting DRIFT to break through here. If the $0.20 area holds with steady strength, it could set up a long opportunity toward the $0.35–$0.40 zone, which lines up with the previous value area low. Ideally, we want to see BTC find support around the 87–86k region.
BINANCE:DRIFTUSDT.PLong
by Tealstreet
DRIFT Breakout Setup – Higher High + Retest in PlayDRIFT is showing strong bullish momentum after months of accumulation. The token has broken out, printed a higher high, and is now retesting the previous range high as support — a classic setup for continuation. With price hovering near the 21-day EMA, this zone could act as a launchpad if sentiment holds. The structure supports a potential leg higher, making this a high-reward, low-risk opportunity for swing traders. 🔹 Trade Setup Entry Zone: $0.68 – $0.72 Take Profit Targets: 🥇 $1.02 🥈 $1.27 🥉 $1.50 Stop Loss: Daily candle close below $0.60 📊 Keep an eye on volume confirmation and overall market sentiment. A clean bounce from this support zone could validate the setup. 📌 Like, comment, or share your thoughts below! 🔔 Follow for more crypto setups and technical insights.
BYBIT:DRIFTUSDTLong
by Richtv_official
1
DRIFTUSDT Approaching Key Breakout ZoneDRIFT has been consolidating for months under a strong descending trendline. Price has been rejected multiple times at this resistance, showing how significant this level is. Key Points - Trendline Resistance: Price is retesting the descending resistance line after several failed attempts. - Volume Profile: A heavy resistance zone is visible on the VPVR, capping upside moves so far. - Support Zone: Strong accumulation area formed around $0.45–$0.50, providing a solid base. - Breakout Potential: If price manages to close above $0.69–$0.70 with volume, a strong bullish continuation move could follow. Trading Plan Entry Zone: Watching for breakout confirmation (above $0.70.) Target (TP): $1.20 – $1.35 mid-term; higher levels possible if momentum builds. Stop-Loss (SL): Below $0.52 Cheers Hexa
BINANCE:DRIFTUSDT.PLong
by HexaTrades
DRIFT — No More Drifting, Breakout ImminentDRIFT has been trading sideways in a 226-day range, capped by resistance at $0.75. The POC of this entire range sits at $0.6, and price is currently trading above it at $0.62. Volume spikes within the range show solid participation, and the structure is starting to resemble a Head & Shoulders formation with a neckline at $0.75 that needs to break. Bullish Confluence (Support Zone) Trading above: 21 Daily EMA ($0.593) / SMA ($0.592) 21 Weekly EMA ($0.577) / SMA ($0.549) 200 Daily EMA ($0.5828) / SMA ($0.5483) Monthly Open → $0.5888 0.618 Fib retracement of current move → $0.5987 (long trigger) Clear invalidation: below weekly 21 SMA ($0.549) / daily 200 SMA ($0.5483) Resistance Confluence (Target Zone $1.3–$1.38) nPOC of the end 2024 / early 2025 trading range → $1.3 0.786 Fib retracement → $1.2935 0.382 Fib retracement of entire downtrend → $1.3056 0.618 Fib retracement of smaller wave → $1.3677 Yearly Open → $1.3664 500M Market Cap → $1.38 📌 This creates a resistance cluster between $1.3–$1.38, an ideal take-profit zone and potential short opportunity. 🟢 Long Setup Idea Entry: $0.62–$0.60 (ladder in near confluence with Fib + support levels) Stop: Below $0.55 (weekly 21 SMA/ daily 200 SMA invalidation) Targets: TP1: $1 TP2: $1.3 Potential Gain: +115% Quick Take If $0.75 breaks, DRIFT could move quickly toward $1.3–$1.38, a zone stacked with resistance and confluences, the perfect place to secure profits/look for a short setup. Key Levels Support: $0.62–$0.60 (Fib + POC + EMAs) Resistance: $0.75 neckline, then $1.3–$1.38 (confluence cluster) 🔍 Indicators used LuxAlgo — Liquidity Sentiment Profile (Auto-Anchored) DriftLine — Pivot Open Zones → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points Multi Timeframe 8x MA Support Resistance Zones → to identify support and resistance zones such as the weekly 21 EMA/SMA. Fair Value Trend Model → Calculates a regression-based fair value curve ➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades. _________________________________ 💬 If you found this helpful, drop a like and comment!
BYBIT:DRIFTUSDTLong
by SiDec
DRIFT/USDT After sweeping liquidity below the critical 0.43 zone, DRIFT has spent the past 19 days rebuilding a strong support base, indicating strong buyer absorption. The consolidation structure suggests accumulation is near completion. Now the price is gearing up for a potential explosive breakout, with signs pointing toward a large impulse candle formation. First Setup: A clean 70% move is expected from current levels as the first leg of the rally. Further targets will be assessed once price reaches the 0.77–0.80 zone, where key resistance and profit-taking activity could emerge.
BINANCE:DRIFTUSDT.PLong
by Captain-MAO
Drift Analysis (1D)It seems that DRIFT is completing wave C of a larger triangle, and wave C itself has also formed a triangle. We are currently in wave d of C. This wave is expected to complete within the green zone, after which we anticipate moving towards the targets for wave e of C. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
BYBIT:DRIFTUSDT
by behdark
2