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MyCryptoParadise_Nathan
Apr 6, 2024 9:06 AM

💎LEVER's cup & handle pattern suggests a bullish reversal. 

LEVER / TetherUS PERPETUAL CONTRACTBinance

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💎 Paradisers, #LEVER has formed a cup & handle pattern, which often signals a bullish reversal. If #LEVERUSDT manages to break out above the resistant zone, it could indicate a potential uptrend with targets towards the next resistance levels. However, confirmation of the breakout is crucial before making any trading decisions, so exercise caution at these key levels.

💎In the event of a pullback, we may anticipate a bounce from the Bullish OB, considering the overall bullish market structure.

💎Nevertheless, if the price breaks down below these levels without proper confirmation, it may be wise to refrain from immediate action and wait for clearer price action to emerge.
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