Pending a touch for reversal

As we can see here it's a very tricky and critical area we "seem" to be not having the enough support "yet" to push the price and break away the falling wedge then the down trend, but first IMO i see we need to confirm whether is this red line is supportive or resistance, pending on touch and bonce with a breakout of the wedge followed by a volume to confirm, that would bring the bulls back to their chase, remember buy the fear sell the greed is the optimal advice overall, Be safe it's a very bad spot for leverage trading likelihood can liquidate both shorts and longs, no gamble here.

"This is not an investment advice, Trade at your own risk"
Regards,

Comment:

perfect daily closing, everything is there for a bull season just expecting a bullish flag will be forming nxt couple candles to lead a breakout of the same down trend at log scale
Happy bull season everyone :D

Comment:

Target 1 is reached, and showing strong support at the region will lead to a rally for the target 2