weslad

Zilusdt Buy opportunity

Long
weslad Updated   
BINANCE:ZILUSDT   Zilliqa / TetherUS
ZILUSDT is currently demonstrating characteristics of a potential descending broadening wedge, with the price oscillating near the lower boundary of the pattern. The immediate trajectory for the price is anticipated to be a rally towards the upper trendline of the structure, testing its strength as a resistance level.

We have identified a bullish area of interest on the chart that is considered an optimal zone for accumulation, with a recommendation to place a stop loss just below the most recent swing low to manage risk effectively. This strategy is predicated on the possibility of a price reversal from this key level, which could catalyze a strong upward movement.

On the chart, we have delineated specific target levels for taking profit.

We encourage you to provide your insights and perspectives on this altcoin. Your engagement is valuable, and we remind you to express your support by liking the post if you find our analysis useful.

Thank you for your participation and feedback.
Trade active
Trade active:
Zilusdt make a descent pullback towards our bullish area of interest and bounced off it, this is expected, our focus remain the immediate resistance level.
Trade active
Trade active

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