Is MYROUSDT Setting Up for a Bullish Breakout, or Is It a Trap?Yello, Paradisers! 🚨 Are you prepared for the potential bullish move on MYROUSDT?
💎MYROUSDT broke out of a key resistive trendline and is now consolidating. Within this consolidation phase, a W pattern appears to be forming.
💎If MYROUSDT breaks and closes above the resistant zone, this will validate the W pattern and significantly increase the likelihood of a strong bullish move. However, caution is essential! The broader market trend, especially BTC’s price action, will play a crucial role. If BTC shows signs of strength, it will further support our bullish bias. But if BTC starts turning bearish, it’s better to avoid this analysis.
💎On the flip side, if MYROUSDT breaks down and closes below the support zone, this would invalidate our bullish outlook completely.
🎖Always remember, Paradisers, disciplined trading and patience will set you apart from the crowd. Stick to your strategy and wait for the highest probability setups.
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