VZ is showing early signs of a **trend reversal** after a long downtrend. The price is now testing the **upper boundary of its descending channel**, signaling potential breakout momentum.Technicals suggest that **smart money might be accumulating** before a larger move toward the $45 range.
💎 The structure looks strong — a clean breakout and retest could confirm a new bullish leg.
Watch for volume confirmation and hold above resistance for a possible **momentum breakout**.
“They laughed when
VZ dipped. They won’t laugh when it rips.” - twitter (WallStMessiah)👇 Drop your thoughts below — breakout or fakeout?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.