📊 CURRENT SNAPSHOT 🔍 KEY TECHNICAL LEVELS
🟡 CRITICAL RESISTANCE ZONES
Major Resistance: $0.800 - Key breakout level
Secondary Resistance: $0.900 - Previous support turned resistance
Target Zone: $0.585-$0.536 - Golden pocket area
🔵 CURRENT BATTLE ZONE
Price: $0.664 - Testing key support
Descending Wedge: Bullish pattern forming
Volume: Declining - Typical before breakouts
🟢 SUPPORT FORTRESS
Immediate Support: $0.585 - Critical level
Ultimate Support: $0.536 - Major bounce zone
Trendline Support: Red descending line
🎯 THE SETUP: "Falling Knife Reversal Pattern"
📱 QUICK SUMMARY - Pattern: Falling Wedge (Bullish) ✅
Entry Zone: $0.52 - $0.55 🎯
Target: $0.80 - $0.90 🚀
Risk/Reward: 1:3.6 ⭐⭐⭐⭐⭐
Probability: 80% Bullish 📈
🟡 CRITICAL RESISTANCE ZONES
Major Resistance: $0.800 - Key breakout level
Secondary Resistance: $0.900 - Previous support turned resistance
Target Zone: $0.585-$0.536 - Golden pocket area
🔵 CURRENT BATTLE ZONE
Price: $0.664 - Testing key support
Descending Wedge: Bullish pattern forming
Volume: Declining - Typical before breakouts
🟢 SUPPORT FORTRESS
Immediate Support: $0.585 - Critical level
Ultimate Support: $0.536 - Major bounce zone
Trendline Support: Red descending line
🎯 THE SETUP: "Falling Knife Reversal Pattern"
📱 QUICK SUMMARY - Pattern: Falling Wedge (Bullish) ✅
Entry Zone: $0.52 - $0.55 🎯
Target: $0.80 - $0.90 🚀
Risk/Reward: 1:3.6 ⭐⭐⭐⭐⭐
Probability: 80% Bullish 📈
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.