MPCUSDT Don't miss this Cup & Handle BUY opportunity!

The MPCUSDT, Partisia Blockchain's token, has started to make a bullish reversal as it held its 4H MA50 (blue trend-line) as Support and started today its strongest 1 day rally since its first trading day.

The pattern that appears to have prevailed is a Cup & Handle (C&H), which technically leads massive bullish reversals on market bottoms. Even though 4H is a rather short-term time-frame, we can expect a similar behaviour. Our Targets remain 0.5750 and 0.6900, exactly on the Resistance 2 and 3 levels respectively. Technically it can even go as high as the 3.0 Fibonacci extension, before the next short-term pull-back.

Overall we are very bullish on MPC, a great token on a project with very promising potential. It is worth being a long-term holder as the fundamentals are one of the most solid we have seen on caps of this size.


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