It looks like MFER is about to break out of a two-month-long falling wedge pattern. If the bulls take charge, this could lead to a significant price increase. Unlike many other artist coins, MFER hasn’t experienced a dump at every rally. Instead, it has built a strong range that supports future price action.
Key points:
- Support zones are highlighted in green.
- Resistance zones are highlighted in red.
- The dotted trendline indicates a bullish trend. If it breaks, it will fall into a strong support zone.
This situation is definitely worth watching closely. Let’s see how it develops!