Chibuike_Odoh

ANTUSDT { ARAGON } - BULLISH SETUP

Long
BINANCE:ANTUSDT   ANT / TetherUS
ANALYSIS πŸ”Ž
- ANTUSDT hit a swing high and retraced.
- Price is retesting the all-time low support.
- There is a relatively high concentration of buyers at this zone.
- The downtrend is resisted by the descending trendline resistance.
- A breakout above the descending trendline resistance could be a bullish signal.

BUY ENTRY ⬆️
- Conservative entry: breakout above the descending trendline resistance.
- Aggressive entry: current market price/ test of support level .

BUY CONFIRMATION
- Breakout above the horizontal resistance level (@4.54).

TARGETS 🎯
- Horizontal resistance level (@6.1236).
- Horizontal resistance level (@12.0786).
- Horizontal resistance level (@14.98).

SETUP INVALIDATION ❌
- Breakdown below the all-time low support (@2.6083).

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