Will AUDIOUSDT Break Free or Collapse? Key Levels to Watch Yello, Paradisers! Is #AUDIOUSDT on the verge of a decisive breakout, or will it plunge below its critical support levels? Let’s dive into the details of #AUDIUS's analysis:
💎#AUDIO has been trading within a well-defined falling wedge pattern throughout 2024. However, recent price action is showing signs of potential bullish momentum. The price has broken above the descending resistance of the channel and is now retesting critical levels that could determine its next significant move above.
💎The key demand zone between $0.1260 and $0.1472 remains critical for maintaining a bullish outlook. As long as the price holds above this region, the chances of a reversal remain strong. Buyers will likely aim to push the price toward the next major level of $0.2492, where significant resistance awaits. A breakout above this resistance could ignite a rally, targeting the $0.3500–$0.4500 range and potentially higher levels.
💎On the flip side, caution is warranted if AUDIO fails to hold the demand zone. A daily candle close below $0.1260 would invalidate the bullish thesis and could lead to a sharp decline, exposing the price to sub-$0.1000 levels. This kind of move would likely shake out weak hands before the market finds stability again.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
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