ANALYSIS 🔎
- SUPERUSDT was bounded in the falling wedge (FW) pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's (FW) resistance as expected.
- The market then retraced.
- The retracement is resisted by the descending trendline resistance (DTR).
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR) .
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION ❌
- Breakdown below the swing low support level (S1).
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