Major Move Ahead? #GAUUSDT Breakout Alert! Yello, Paradisers! Have you set your sights on #GAUUSDT yet?
💎We've observed that #GAU has successfully broken above a key resistance level at $0.0604. If it manages to sustain this momentum, there's a high probability of a bullish move.
💎Previously, #GAU followed a descending resistance line for a long time, and its recent breakout indicates a potential upward trend. With the current bullish sentiment, if the price sustains and the bulls remain in control, we can expect a move targeting levels above the strong resistance zone.
💎However, what if #GAU faces a strong rejection from the internal resistance at $0.0867 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the lower support level of $0.0439.
💎During this phase, many inexperienced traders might immediately open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
