Pair: ANIME/USDT ๐ฑ
Timeframe: 1D ๐
Pattern: Ascending Trendline Test ๐
ANIME is currently testing a key ascending trendline on the daily chart. This structure has supported price action for weeks, and the current candle is sitting right at the trendline, suggesting a potential inflection point ๐โ๏ธ.
Bullish Scenario โ
If the trendline holds and price rebounds with volume:
๐ฏ Target 1: 0.032
๐ฏ Target 2: 0.038
๐ Suggested SL: below 0.023 (clean breakdown level)
Bearish Risk โ
A confirmed close below the trendline could trigger a breakdown, potentially sending price toward the 0.020โ0.018 support zone.
โ ๏ธ Watch for strong reaction or volume spike โ this is a decision point!
Timeframe: 1D ๐
Pattern: Ascending Trendline Test ๐
ANIME is currently testing a key ascending trendline on the daily chart. This structure has supported price action for weeks, and the current candle is sitting right at the trendline, suggesting a potential inflection point ๐โ๏ธ.
Bullish Scenario โ
If the trendline holds and price rebounds with volume:
๐ฏ Target 1: 0.032
๐ฏ Target 2: 0.038
๐ Suggested SL: below 0.023 (clean breakdown level)
Bearish Risk โ
A confirmed close below the trendline could trigger a breakdown, potentially sending price toward the 0.020โ0.018 support zone.
โ ๏ธ Watch for strong reaction or volume spike โ this is a decision point!
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๐ t.me/cryptobyghazii
๐ t.me/cryptobyghazii
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.
๐ Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
๐ t.me/cryptobyghazii
๐ t.me/cryptobyghazii
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.