- SANDUSDT was bounded in the pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a signal.
- The market hit a swing high and retraced.
- Price is retesting the descending triangle's inclined resistance and the key zone (0.5 - 0.618 - 0.786).
-There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- A breakout above this descending trendline resistance could be a signal.
BUY ENTRY ⬆️
- Conservative entry: breakout above the descending trendline resistance.
- Aggressive entry: levels.
- Horizontal (@0.62986).
- Horizontal (@0.66488).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 level.