WAVES/USDT Perfect bounce and break the pattern. Back to up?

πŸ’Ž WAVES has recently undergone significant market dynamics, breaking out of a descending channel and undergoing a retesting phase at the trendline. This suggests a readiness for continued upward movement towards the next target resistance at 2.65.

πŸ’Ž Should WAVES successfully break out of the resistance area as well, it will probability pave the way for reaching our target area with relative ease.

πŸ’Ž However, if WAVES fails to break out of the resistance, there is potential for the price to retreat back to the demand area to gather new momentum.

πŸ’Ž Upon reaching the demand area, it is crucial for a bounce to occur. Failure to bounce, and subsequent breakdown of this area, would signify a bearish turn for WAVES, likely leading to further downward movement.
Trade closed: target reached:
Boom! #WAVES is doing just what we said. Up 44.60% and looking good!

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