MyCryptoParadise

WAVES/USDT bullish horizons? 👀 🚀 WAVES Today Analysis

Long
BINANCE:WAVESUSDT   Waves / TetherUS
💎Paradisers, turn your focus to WAVESUSDT! We've observed it positioning itself within a demand zone, hinting at a potential bullish ascent.

💎 A few days ago, WAVES broke free from its descending trendline, charting an upward trajectory. After facing rejection from an overhead resistance, it's now revisiting the trendline, which currently serves as a support. Given its current stance in the demand zone, we're confident that a resistance retest might be on the horizon.

💎 However, should the demand zone be compromised, anticipate a bullish continuation from the 1.447 support level. A breach below this could trigger a more pronounced downward shift.

💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!

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