VANRYUSDT Is on Critical Rebound or Deeper Decline Ahead?Yello, Paradisers! Is #VANRYUSDT at a make-or-break moment? Let’s dive into this potential move and what it means for your next trade.
💎#VANRY’s price is currently sitting on a crucial demand zone, and a rebound here is necessary for any continued upward movement. If we see this bounce, the price is likely to push higher, especially since the recent pattern has already broken to the upside. The first target will be the minor resistance area, where we might see a reaction. However, if VANRY successfully breaks through that minor resistance, there's a strong probability we’ll witness a significant upward move, with the next target being the major resistance level.
💎On the downside, if VANRY fails to rebound from the demand zone around 0.093 and breaks below it, the price could revisit the major support area. Historically, this zone has been respected multiple times, with the price rebounding each time it was tested.
💎The bullish scenario becomes invalid if VANRY fails to rebound at the major support level of 0.0786, and the daily candle closes below 0.093. In this case, we could see a continuation of downward movement and further dips ahead.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Cryptosignal
Could Ethereum be on the verge of a major reversal?Yello, Paradisers! Could #Ethereum be gearing up for a major reversal? All eyes are on this critical support zone, and what happens next could shape the market in a big way. Let’s dive into the details.
💎#ETHUSDT is once again testing a strong support zone between the $2,200 to $2,000 levels. This range has become increasingly important, and we’re starting to see the development of a possible triple bottom structure—always a strong signal for a potential reversal.
💎Back in early 2024, this exact zone served as the foundation for a rally that took Ethereum to the $4,000 level. With history potentially repeating itself, we could be looking at another significant move higher if this support holds.
💎Once the reversal starts Ethereum is set to face initial hurdles at $2,350 and a descending resistance around $2,400. These levels could present some challenges, but if the bulls break through, we could see strong momentum supported by rising volumes, with price targets initially set at $2,550 and then towards the more formidable $2,720 to $2,820 zone.
💎This $2,720 to $2,820 resistance also aligns with the weekly time-frame and could be a tough battle for bulls on their first attempt. However, a clear breakthrough here could trigger a major higher time-frame reversal, marking the end of the ongoing bearish trend.
Paradisers! Remember, patience and strategy are key in these moments. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
RONUSDT: Is a Major Rally on the Horizon?Yello, Paradisers! Are we standing on the brink of a major rally for #RONUSDT, or is another fake-out just around the corner? Let’s dive into the latest technicals and uncover the crucial price action you need to watch right now!
💎#RONUSDT is currently showing strong bullish signs, bouncing back from a critical support zone at $1.378. The cryptocurrency has been navigating a falling wedge pattern, which raises the probability of a bullish continuation from this key support level if it manages to sustain its current momentum.
💎The immediate focus is on the internal resistance level at $1.922. A breakout above this point could trigger a substantial upward move, opening the path for further gains. A decisive move above $1.922 would serve as a strong bullish signal, potentially propelling #RONUSDT towards higher resistance zones and driving the price even higher.
💎However, caution is still warranted. If momentum weakens and the price fails to hold the current support, we could see a pullback toward $1.152. This level might act as a buffer against further declines, but it would also indicate a weakening of the bullish trend. Therefore, it is crucial to stay alert and monitor price action closely around these key levels.
💎#RONUSDT is at a pivotal point. A firm hold above $1.378 and a breakout above $1.922 are vital to confirm a continuation of the bullish trend. Keep these levels in focus and adjust your strategy accordingly as the market unfolds.
Stay focused, patient, and disciplined, Paradisers! 🥂
MyCryptoParadise
iFeel the success🌴
DIONE Protocol: Breakout or Breakdown? Critical Levels Ahead!Yello, Paradisers! Are we about to witness a massive breakout in #DIONE Protocol, or is a sharp correction looming? Let’s dive into the action before it’s too late!
💎#DIONEUSDT is flexing some serious strength after breaking through the descending resistance line. Right now, the price is hovering around a crucial resistance zone between $0.00725 and $0.00750. This is the key level the bulls must clear to unlock the next leg higher. If the price breaks out from here, we could see a swift move toward $0.00825, followed by a run up to $0.00880 - $0.0092.
💎This upper zone isn't just any resistance—it's where a significant FVG needs to be filled. However, caution is necessary between $0.00880 and $0.0092, as this area holds weekly resistance levels, meaning heavy profit-taking could kick in, potentially halting the rally.
💎On the flip side, if DIONE faces rejection, we’ve got strong support around $0.0065 to $0.0064, with additional backing from the EMA-50 soon stepping in to strengthen this support. As long as DIONE stays above this support level, the bulls maintain control. But beware—any dip below it will put pressure on the ascending support levels, and we could see the bears test the bulls' resolve.
Play it smart, Paradisers. In this market, patience and discipline are key.
MyCryptoParadise
iFeel the success🌴
DOGS Analysis==>>Inverse Head and Shoulders PatternsOne of the tokens that has been trending for the past few days is the DOGS token . Did you participate in the DOGS Telegram project or not? Do you still have your tokens or have you sold them?
The DOGS token is moving near the Support zone .
Regarding classic technical analysis , it looks like DOGS is forming an Inverse Head and Shoulders Pattern .
Also, Regular Divergence(RD+) can be seen between the two shoulders of the Inverse Head and Shoulders Pattern .
I expect DOGS to rise to at least the Resistance zone again after breaking the Resistance lines . And if this zone breaks, we can expect DOGS to increase to at least $0.00129 .
DOGS Analyze (DOGSUSDT), 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bulls on the Verge: Will VANRY Break Free and Soar?Yello, Paradisers! Do you see the signs of a potential breakout forming on #VANRY? You might want to pay close attention to this one before it’s too late!
💎#VANRYUSDT is flashing multiple signals of a bullish bias. After breaking through its major descending resistance, the price is shaping up into a potential inverse head and shoulders pattern and a bullish flag formation—two key indicators that hint at further upside momentum.
💎However, for the bulls to gain serious traction, they’ll need to break through a tough resistance zone between 0.0880 and 0.0915. This area is crucial, as it could act as the springboard to drive prices up toward the 0.0950 to 0.0970 region.
💎The neckline of this pattern is positioned at 0.0970, marking a critical resistance level. If bulls manage a convincing breakout above this point, it would open up opportunities for a push toward the 0.10 level, with further targets around 0.104 to 0.107.
💎On the downside, minor support levels sit at 0.0840, while stronger base support can be found between 0.0800 and 0.0785. These levels will be key in holding the structure of the pattern and determining whether bulls can maintain control.
Remember, Paradisers, patience and strategy are key!
MyCryptoParadise
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BAT About to Break Out or Break Down? Critical Levels You Can't Yello, Paradisers! Could #BAT Be Ready to Explode? Here’s Why You Need to Watch Closely!
💎#BATUSDT is currently sitting at a critical demand zone of $0.1690, and it’s showing signs of a potential bullish continuation. We’ve been tracking #BAT closely as it navigates a descending channel, and it’s now on the brink of a breakout. If the price maintains this upward momentum, a powerful bullish surge could be on the horizon.
💎For this bullish scenario to play out, #BAT needs to break above the internal resistance level at $0.2070. A successful break here could ignite a significant rally, with the initial target set at the minor resistance zone of $0.2715.
💎 However, stay alert! If momentum fades at the demand zone, a rebound could occur from the lower support area around $0.1482. A daily close below this support would invalidate our bullish outlook and potentially lead to further declines.
💎Stay sharp, Paradisers! Keep a close eye on #BAT's price action because the next move could be a true game-changer. Remember, patience and discipline are key to capitalizing on these market opportunities!
Trade smart and stay focused – the best opportunities are often just around the corner!
MyCryptoParadise
iFeel the success🌴
Is DRIFTUSDT About to Explode? Watch These Critical Levels CloseYello, Paradisers! Are you ready for what might be an explosive move in #DRIFTUSDT? The structure is looking very promising, and we're seeing some crucial action around the resistance levels.
💎Currently, #DRIFTUSDT is holding firm near key resistance at $0.52. If the price breaks above this level convincingly, price could see a strong breakout, with targets initially at $0.55, followed by the significant $0.643-$0.6850 range. These levels mark the all-time highs (ATH) for DRIFT, and price expect heavy profit-taking around these heights.
💎On the flip side, there's solid support around $0.42-$0.40. This zone is crucial—bulls need to defend it to maintain the momentum and fuel a breakout to the upside.
💎Volume are picking up again, signaling renewed interest and active participation.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO!
MyCryptoParadise
iFeel the success🌴
APE/USDT Breakout Alert! Is need retest and continue bullish!Yello, Paradisers! Are you ready for a potential breakout or a steep drop? Let’s dive into #APEUSDT, where we’re seeing some significant action that could make or break your next trade.
💎#APE has shown a bullish sign after successfully breaking out of the falling wedge pattern and then reversing the short-term trend by breaking the previous Lower High (LH). This suggests that a shift toward a bullish movement is underway. Currently, the price is likely to retest either the trendline or the demand zone around $0.63, which aligns with a key Fibonacci retracement level at $0.69 - $0.63. If APE can find support and rebound from this level, there’s a high probability that the upward movement will continue toward the key resistance area.
💎This resistance is located around the $0.993 level, which happens to be APE’s previous bottom. A breakout above this level could trigger bullish momentum in the mid-term, with the potential for APE to reach its major resistance target.
💎However, it’s not all bullish optimism. If the price fails to rebound from the $0.63 - $0.55 demand zone and breaks below, we could be in for some trouble. In that case, the highest probability is that APE will revisit the key support area around $0.43. This zone marks the previous bottom for APE, so it’s critical that the price holds here to maintain the bullish scenario.
💎A daily close below $0.43 would invalidate the bullish outlook. A break below this level would signal a new lower low, pushing APE into a deeper decline, creating a fresh bottom.
Remember, staying disciplined and following clear strategies are essential in these volatile times.
MyCryptoParadise
iFeel the success🌴
Filecoin on the Verge of a Breakout or Breakdown? Don’t MissYello, Paradisers! Are you prepared to seize the next big opportunity in #FILUSDT? We've been laser-focused on #FILECOIN as it navigates this critical juncture, and now is the moment to determine whether the bulls are ready to charge or if the bears will take over. Here's what you need to know:
💎Currently, FILUSDT is showing promising signs of a bullish continuation from the demand zone around $3.500. The falling wedge formation we've been tracking has broken to the upside, and momentum is building within this crucial area. Should this momentum persist, we could be on the brink of a significant bullish surge.
💎However, for this scenario to unfold, #FIL must break above the minor resistance level at $4.752. A successful breach could trigger a notable rally, with our sights set on the next major resistance zone.
💎But remember, caution is key. If the momentum weakens and FILUSDT dips below the demand zone, we could see a pullback towards the lower support range between $3.165 and $2.915. A continued decline, especially a daily close below this lower support area, would invalidate the bullish outlook and might set the stage for further downward moves.
💎Paradisers, now is the time to stay alert and prepared. Whether the bulls or bears take control, we are ready to capitalize on the opportunity. Remember, in volatile markets, only those who remain patient, disciplined, and strategic will thrive.
Stay focused, trade smart, and let’s make sure we’re on the winning side of this move!
MyCryptoParadise
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Is AAVE Ready for a Massive Breakout?Yello, Paradisers! #AAVEUSDT's price action suggests we might be on the verge of something big — don’t blink!
💎#AAVE is starting to pick up strong bullish momentum. Currently, it’s trading within a converging triangle pattern, and with increasing volume session after session, it’s clear that more market participants are getting involved. This signals rising interest, and where there’s interest, there’s opportunity.
💎AAVE is soon expected to test the triangle resistance at 138$ level. If bulls can break cleanly above this level, price is looking at an initial move towards $143.80, followed by a potential push to $153.75. But that’s not where it ends — the pattern’s targets suggest a broader aim towards $165 to $175. That’s likely where the current trend could see its conclusion.
💎On the support side, AAVE is being guided by the EMA-32, which is acting as a dynamic support and trend driver, currently positioned at $122 and climbing steadily. Additionally horizontal major support zone rests between $120 to $115 levels. This is where sellers have made several failed attempts to break through. This failure highlights the strength of this level.
💎As long as $115 holds, AAVE’s bullish momentum is likely to continue.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴
Fantom (FTM) Poised for a Massive Breakout or a Major Drop? Yello Paradisers! Are you ready for the next big move in Fantom ? It looks like FTMUSDT is preparing for a massive bullish run that could be just around the corner!
💎Right now, Fantom is forming an inverted head and shoulders pattern—a strong bullish signal. It's currently testing the neckline, and a breakout above this level, confirmed by a surge in trading volume, would give us the green light to plan our entry for a buying opportunity.
💎For this bullish scenario to materialize, FTM needs to break above the critical resistance level at $0.5300. A successful move past this resistance could trigger a significant rally, targeting the next resistance zone around $0.7717.
💎However, caution is crucial here! If the upward momentum falters, we might see a retreat to the lower support area near $0.3664. A daily close below this support would invalidate the bullish outlook and could signal further declines.
Stay focused and disciplined, Paradisers! Remember, only the patient and strategic will reap the rewards in this market.
MyCryptoParadise
iFeel the success🌴
COTIUSDT Critical Moment Approaching – Will We See a Breakout?Yello, Paradisers! Are you ready for what could be a decisive move in #COTIUSDT? Let's dive into analysis.
💎We're seeing #COTI signs that a potential breakout may be on the horizon, and if it happens, we could be looking at a significant upward push toward our major resistance target.
💎However, there’s always the other side of the coin. If #COTI fails to break out of this current pattern, we could see the price drop back to test the $0.067 support level once again. This area has been tested multiple times, and each time, it has responded with a strong rebound and a fast recovery.
💎But here's the concern—if COTI fails to rebound after retesting this zone, it could signal a bearish move, with the next stop being the **major support at $0.05277.
💎For COTI to maintain its upward momentum, it needs to recover and reclaim the $0.067 support area. As per my analysis, the bullish outlook remains valid as long as the daily candle stays above this level. A close below that critical support would **invalidate** the bullish scenario, opening the door for further downward movement.
Remember, staying disciplined and following clear strategies are essential in these volatile times.
MyCryptoParadise
iFeel the success🌴
Could #TON Be on the Verge of a Massive MOVE? Yello, Paradisers! Could we be standing on the edge of a major market move for #TON? Let's break it down!
💎#TONUSDT is currently sitting at a crucial juncture around the support zone of $5.017. We’ve been keeping a close watch as #TON navigates through a descending channel. Recently, it broke above this channel, signaling a potential shift in momentum. If this upward movement holds steady, we could be looking at a strong bullish continuation ahead!
💎But wait—don’t let your guard down! If this momentum weakens around the support, we may see a pullback toward the next demand area around $4.914.
💎 A daily close below this level could invalidate our bullish scenario and open the door for further downside risks.
Stay focused, Paradisers! The next move could be a game-changer. Keep watching the #TON price action carefully; your patience and vigilance might just pay off big time!
MyCryptoParadise
iFeel the success🌴
Will SUI Finally Break Out or Is Another Downside Coming?Yello, Paradisers! Are we on the verge of a bullish breakout or just another fakeout for #SUIUSDT? Let’s dive into the key levels that will decide where this one’s heading next! 👀
💎#SUI has been trending inside a descending channel, which usually signals bearish momentum. However, there's an intriguing shift happening—the price is forming a rounded bottom, suggesting we could be on the cusp of a trend reversal.
💎Currently, SUIUSDT faces crucial resistance between $0.842 and $0.856. This zone is pivotal for bulls to break through if they want to fuel a larger bullish move. If the price successfully clears the $0.856 mark, we could see SUI push toward the minor resistance at $0.927, with the next key target between $0.96 and $1. This region poses significant resistance and could trigger heavy profit-taking, possibly halting further upside momentum.
💎On the downside, SUIUSDT has been highly reactive to the EMA-50, which is holding as primary support around $0.817. Below that, we see additional minor support at $0.76, which could limit any deeper declines if the bears regain control.
Paradisers, strive for consistency, not quick profits. Make sure to remain patient and wait for the best, high-probability setups to emerge before taking action.
MyCryptoParadise
iFeel the success🌴
Is CAT on the Verge of a Massive Breakout?Yello, Paradisers! As meme coins heat up again, #CATUSDT structure is becoming increasingly compelling. For the past 10 days, #CAT has been stuck in a range-bound structure that could very well be an accumulation phase.
💎CAT is seeing the emergence of a symmetrical triangle pattern, hinting at a potential breakout. Keep a close watch—if price shows strength above the 0.0000225 level, a breakout could be triggered.
💎Once a breakout is confirmed price would likely aim towards 0.000024 initially. From there, CAT would likely push further towards 0.000027. This is where minor resistance is positioned —and potential profit-taking—could occur. But if the momentum continues, CAT could reach as high as 0.0000290 to 0.0000302 levels.
💎On the downside, CAT has strong support between 0.00002151 and 0.0000210, a range that has held firm for most of the last 10 days, except for a couple of brief dips. If this support level remains intact, we’re likely to see a strong reaction to the upside in the coming days.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴
LQTYUSDT A Potential Bullish Reversal or Further Breakdown?Yello, Paradisers! Could this be the moment for #LQTYUSDT to bounce back, or is there a deeper dive coming? Let’s dive in!
💎#LQTY has broken out of the falling wedge, a classic bullish reversal pattern, and also cleared the previous lower low (LL). This signals a strong potential for upward momentum. If the price holds steady at the current demand zone, we could see a rebound and continuation of the uptrend, potentially making a new higher high. Our target? The strong resistance area, where the highest probability for resistance lies.
💎However, if LQTY fails to hold this demand zone, particularly around the 0.655 area, we might witness a breakdown. In this scenario, the price could drop to test the key support level at 0.48. This is a critical area, as it's the lower low from previous price action, and any breakdown here would signal trouble for bulls. A bounce is essential to recover and maintain bullish sentiment.
💎But beware bullish invalidation will kick in if the daily candle closes below 0.48. This would suggest a continuation of the downtrend, likely creating a new **lower low** and potentially pushing the price even deeper.
Consistency, patience, and a clear strategy are the keys to navigating this market successfully.
MyCryptoParadise
iFeel the success🌴
Massive Move Ahead #SOL's Next Bullish Breakout or Breakdown ? Yello, Paradisers! Could #SOL be on the brink of a major market move? Let's dive into the latest analysis!
💎#SOLUSDT is currently showing signs of a potential bullish continuation from a critical demand zone at $131.46. We've been closely monitoring #SOLANA as it follows a descending channel, and it recently broke above this formation, gaining momentum within this crucial demand area. If the price can maintain this upward momentum, a strong bullish move is highly probable.
💎For this bullish scenario to unfold, #SOL must break above the key resistance level at $134.95. A successful break of this resistance could trigger a significant rally, with the first target set at the internal resistance zone of $147.58.
💎However, caution remains essential! If the momentum falters at the demand zone, we might see a rebound from the lower support area around $127.98–$126.44. A daily close below this support zone would invalidate the bullish outlook and could pave the way for further declines.
Stay sharp, Paradisers! Keep a close eye on #SOLANA's price action as the next move could be a game-changer🥂
MyCryptoParadise
iFeel the success🌴
Is POPCAT About to Roar? Watch Out for This Critical Breakout!Yello, Paradisers! Are you prepared for a potential breakout in #POPCATUSDT? The meme coin is currently trading within a falling wedge pattern—a formation that's bullish in nature and could lead to some exciting price action soon! Let’s dive into the details:
💎#POPCAT is holding steady at its strong support zone between $0.65 and $0.64. If the bulls manage to sustain this support in the coming hours, we could see POPCAT challenge the falling wedge resistance at the $0.7305 level.
💎A bullish breakout from this pattern could propel prices first towards $0.7730, and then to the $0.8270-$0.8640 range— This is where the pattern's target is likely to be achieved.
💎POPCAT's support levels between $0.65-$0.64 is further fortified by the presence of the EMA-50, adding an extra layer of defense. However, if this key support fails, POPCAT could slip into the lower support zone between $0.52 and $0.50, where price would expect another strong reaction.
Remember, Paradisers, timing and strategy are crucial in trading. Whether it’s a breakout or a dip, always stick to your plan and stay disciplined.
MyCryptoParadise
iFeel the success🌴
ONDOUSDT at Risk: Will Sellers Push the Price into a Freefall?Yello, Paradisers! Are you watching #ONDOUSDT closely? The price action is channeling inside a steep descending channel, and price could be in for a sharp drop if key support levels gets breached.
💎#ONDO has already lost a major supportive region, which was once the bullish base structure. Currently, the price looks weak and is positioning for another leg lower. If sellers manage to break the minor support at 0.555, we could see a quick drop to the 0.51 level, with further declines likely to 0.45 and even 0.385.
💎However, the 0.45 to 0.38 region offers strong support, and we may witness some aggressive short covering here, potentially marking a bottom for ONDO.
💎On the upside, resistance stands firm at 0.665 to 0.70. This will be a significant hurdle for bulls to clear if they hope for any bullish revival. Additionally, the EMA-50 is fast approaching this region, further strengthening the resistance and making it a critical level to watch.
Remember, Paradisers, staying disciplined and avoiding emotional trades will keep you ahead of the majority.
MyCryptoParadise
iFeel the success🌴
BTC Potential 1.5 R Trade1. Market Structure:
- MSS (Market Structure Shift): The chart indicates a shift in market structure (MSS) at the marked point. This typically indicates a potential change in the market's direction, possibly from bearish to bullish or vice versa.
2. Liquidity Zones:
- Liquidity: There is a horizontal line labeled "Liquidity" at a higher price level. This suggests that the trader is eyeing a potential price movement towards this area where liquidity might be resting, which could be targeted by large market players.
- Ext. Liquidity (External Liquidity): The area at the bottom (marked as "Ext. Liquidity") could represent an area of interest where sell-side liquidity might be present. This is possibly a support zone where the price may reverse after liquidity is taken.
3. Entry Zone:
- The chart highlights a gray shaded area (just above the external liquidity) as an "Entry" zone. This is where the trader plans to enter a long position, expecting the price to rise from this support level.
4. Target Zone:
- Take Profit (TP) Level: The target zone is marked with a blue rectangle, stretching to the liquidity level. This area indicates where the trader expects to exit the trade, anticipating that the price will reach this higher level of liquidity.
5. Risk-Reward Consideration:
- The trade setup suggests a favorable risk-to-reward ratio, as the entry is near a support level with the expectation of a significant price movement toward the upper liquidity area.
6. Time Frame and Context:
- The 4-hour time frame suggests this is a medium-term trade, potentially taking a few days to play out. The context of the larger downtrend (visible on the left side of the chart) implies that the trader might be looking for a corrective move upward or a reversal after a significant downtrend.
ONDOUSDT Is a Major Reversal Coming or Will ONDO Drop Further?Yello, Paradisers! Could #ONDOUSDT be setting up for a massive rebound, or is it about to plunge even further? Let’s dive into the chart analysis to find out!
💎#ONDO's price is currently showing signs of a potential downturn, with the likelihood of revisiting the strong demand zone between $0.507 and $0.393. Historically, this demand zone has triggered a significant rebound, with prices surging 60% in just a few days the last time it reached these levels. This suggests a high probability of a similar rebound once ONDO tests this area again.
💎However, there’s a chance ONDO might break out of the descending channel before it revisits this demand zone. If that happens, we could see an upward movement towards our target major resistance levels, bypassing the deeper retracement.
💎If ONDO revisits the demand zone at $0.507 - $0.393, we could see another strong rebound and a potential breakout of the descending channel, leading to significant upward momentum.
Bearish Scenario:
💎The bullish outlook becomes invalid if ONDO fails to rebound from the demand zone, particularly if a daily candle closes below $0.393. In this case, the potential for further downward movement becomes very real, and we could see a deeper dip beyond current expectations.
Stay focused, patient, and disciplined, Paradisers.
MyCryptoParadise
iFeel the success🌴
Is VELO About to Break Out? Here's What You Need to Know!Yello, Paradisers! Have you been watching #VELO closely? After a prolonged downturn, #VELOUSDT is finally showing signs of life, forming a promising double bottom pattern. But the question is—will it break through?
💎VELO is currently challenging a critical range resistance between $0.0125 and $0.01289—also functioning as breakout neckline. If the bulls can push through this resistance with conviction, price could see a breakout initially towards $0.01465, and $0.01610 levels. This is where partial profit-taking remains likely, however the double bottom pattern target is aimed at $0.0182 to $0.01925 levels.
💎VELO has reclaimed all major dynamic EMAs, including the EMA 50 and EMA 200, which are now acting as solid support levels. This important support zone is positioned between $0.01075 to $0.01095 levels. As long as VELO holds these levels, the breakout chances remain high.
💎However, on the other side if sellers manage to push VELO below the $0.007100 level, they could potentially disrupt this bullish setup, leading to idea invalidation and fresh downside.
Remember, Paradisers! Discipline and patience are key. The next move could be a big one, so make sure you're playing it smart! Stay focused, and let the market come to you.
MyCryptoParadise
iFeel the success🌴