SUNDOGUSDT on the Verge of a Major Move: Will You Miss It?
Updated
Yello, Paradisers! Are you ready for what could be the next big breakout, or will you be left behind? Let’s dive into the #SUNDOGUSDT chart for a critical update on what’s unfolding right now.
💎#SUNDOGUSDT has successfully broken out from the descending resistance, signaling potential strength in the market. The pair has been steadily forming higher highs and higher lows, which confirms the ongoing bullish momentum. After its previous higher low, SUNDOGUSDT surged upward and broke above the trendline. However, before the next leg up, it’s crucial to watch for a retracement.
💎The pair is likely to pull back to test the trendline, aligning with the Fib retracement levels between 0.5 and 0.66. This zone, now acting as support, lies between 0.328 and 0.31654. It was previously a resistance zone with multiple deviations but has now been reclaimed, reinforcing its importance as a key level.
💎From here, we’ll be watching for resistance at the previous higher high, located at 0.3664-0.375. This is the next major hurdle that needs to be cleared for continued upside movement.
💎But remember, this bullish outlook hinges on the pair maintaining its structure. If the price breaks below 0.28237 and closes under this level, it will invalidate the trend. Any candle closing beneath this support would confirm the thesis invalidation and signal potential downside risk.
Stay sharp and disciplined as always, Paradisers. Keep your eyes on these levels, and don’t let emotions dictate your moves.
MyCryptoParadise
iFeel the success🌴
💎#SUNDOGUSDT has successfully broken out from the descending resistance, signaling potential strength in the market. The pair has been steadily forming higher highs and higher lows, which confirms the ongoing bullish momentum. After its previous higher low, SUNDOGUSDT surged upward and broke above the trendline. However, before the next leg up, it’s crucial to watch for a retracement.
💎The pair is likely to pull back to test the trendline, aligning with the Fib retracement levels between 0.5 and 0.66. This zone, now acting as support, lies between 0.328 and 0.31654. It was previously a resistance zone with multiple deviations but has now been reclaimed, reinforcing its importance as a key level.
💎From here, we’ll be watching for resistance at the previous higher high, located at 0.3664-0.375. This is the next major hurdle that needs to be cleared for continued upside movement.
💎But remember, this bullish outlook hinges on the pair maintaining its structure. If the price breaks below 0.28237 and closes under this level, it will invalidate the trend. Any candle closing beneath this support would confirm the thesis invalidation and signal potential downside risk.
Stay sharp and disciplined as always, Paradisers. Keep your eyes on these levels, and don’t let emotions dictate your moves.
MyCryptoParadise
iFeel the success🌴
Trade active
BOOM! #SUNDOG is dancing to our tune, moved 15.08% as we predicted.
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Get FREE Market Insights or start trading like a PRO inside ParadiseFamilyVIP🎖️
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