HOLO/USDT🔍 Key Technical Zones:
🔽 Descending Resistance Trendline: Price has touched and respected this level multiple times. A breakout above this trendline could signal a bullish move.
✅ Support Zone (Green Box):
Around $0.42 – price has held this level multiple times, forming the base of the wedge. A strong bounce from here increases bullish probability.
🔼 Immediate Resistance (Purple Box):
Around $0.45 – if the wedge breaks, this is the first resistance zone to watch.
🎯 Take-Profit Zone (Red Box):
Near $0.48 – a conservative TP area just below the major resistance zone to ensure filled orders.
🧠 Strategy Suggestion:
Entry idea: Consider long position on breakout above the descending wedge resistance with volume confirmation.
Stop-loss: Below the support zone ($0.42 or slightly lower).
Target: $0.45 to $0.48 area depending on risk appetite.
⚠️ Note:
Watch for false breakouts or wicks through trendlines.
Always manage risk — this is not financial advice.
