ANT is trading inside a massive channel for a couple of months now. During the latest BTC dump ANT made a new local low and constructed said channel.
Currently, ANT is seeing a decent up trend. I think ANT is slightly lagging behind, there are more gains to be made here.
ANTUSDT is in an uptrend, recently it made a corrective move.
We have a retest of the s/r zone that is indicating some bullish pressure.
We are having a support from 0.65% level of Fibb.
3.2526 is a current resistance, if we are able to break above this zone then we can anticipate a bullish impulse to upside.
14$ is our target.
53% reversal done between april 6 to 23
support range at 7.7 to 7.0
28% gains until next resistance range at 10.3 from 8.07
stop loss at 7.5
side ways movement from 8.3 to 7.5 range could downward squeeze
side ways movement from 8.3 to 9.5 range could upward squeeze
After BTC's most recent dump, it appears that ANT has found a strong support around the $7.5 area, constructing a new channel in the process. Since crypto is seeing a strong rebound at the moment, I'm betting that ANT will be going up for the near future, potentially making a new ATH in the coming weeks.