HEIUSDT Forming Falling WedgeHEIUSDT is showing a falling wedge pattern, one of the most reliable bullish reversal setups in technical analysis. This formation often appears after a downtrend, where price action forms lower highs and lower lows within converging trendlines, signaling that bearish momentum is losing strength. As the range narrows, buying pressure tends to build, paving the way for an upside breakout.
Currently, the volume profile is solid, reflecting steady market activity and growing investor interest. The falling wedge on HEIUSDT suggests that sellers are struggling to push prices lower, while buyers are quietly accumulating. Once a breakout above the upper resistance trendline is confirmed with higher volume, it could trigger a sharp rally, potentially delivering 60% to 70%+ gains in the near term.
Market sentiment for this pair is improving, and the technicals align with a scenario where the trend may shift from bearish to bullish. Traders will be watching closely for a breakout candle and a sustained move above key resistance levels, which could accelerate momentum and invite more investors into the move.
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