PAAL on the Verge of a Major Breakout?Yello, Paradisers! Have you been keeping a close eye on #PAAL? We’re approaching a critical juncture, and a breakout might be just around the corner. Let’s dive into the key levels that could make or break this setup.
💎#PAALUSDT is currently trading within a falling wedge pattern, getting closer to the crucial descending resistance at the $0.260 level. This is the first major point where we could see some serious action. But it doesn't stop there—just above this, PAAL faces another significant resistance between the $0.28 to $0.30 levels, which has been a barrier since early June.
💎If PAAL can break through this dual resistance zone with conviction, it would trigger a much stronger bullish trend. The next upside targets to watch would be $0.38, with further momentum possibly pushing it towards the $0.415 to $0.45 range.
💎On the support side, PAAL has a solid foundation. The EMA-50 and horizontal levels around $0.21 to $0.20 are providing minor support, which should protect against short-term dips. Additionally, there’s a strong base support between $0.1710 and $0.1580, a level that has held firm since June, preventing any further downward movement.
Paradisers, patience is key here—waiting for a confirmed breakout or retest at these critical levels could be your ticket to the next move.
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