MyCryptoParadise

FIL/USDT Poised for a Bullish Surge from Key Support?🚀Filecoin

Long
BINANCE:FILUSDT   FIL / TetherUS
đź’Ž Paradisers, turn your attention to #FILUSDT, which is signaling the potential for a bullish breakout from its current support level within a falling wedge pattern.

đź’Ž Examining #FILECOIN recent activity, we've noticed encouraging signs after it retested the falling wedge pattern. Presently, as it approaches the support level of $3.919, there's a strong likelihood that it could maintain momentum and launch into a robust bullish climb towards a significant resistance level.

đź’Ž However, it's crucial to prepare for alternate scenarios. If #FIL struggles to keep its upward trajectory and falls below the support, this could negate our bullish setup and potentially lead to steep declines.

Trade closed: target reached

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