XMRUSDT (MONERO) - POTENTIAL BREAKOUT

ANALYSIS 🔎
- XMRUSDT printed a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price action is printing a double bottom.
- This is also a trend reversal pattern.
- Price is testing the neckline resistance.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the neckline resistance.

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).

SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level (S1).