MyCryptoParadise_Nathan

đź’ŽLEVER's cup & handle pattern suggests a bullish reversal.

BINANCE:LEVERUSDT.P   LEVER / TetherUS PERPETUAL CONTRACT
đź’Ž Paradisers, #LEVER has formed a cup & handle pattern, which often signals a bullish reversal. If #LEVERUSDT manages to break out above the resistant zone, it could indicate a potential uptrend with targets towards the next resistance levels. However, confirmation of the breakout is crucial before making any trading decisions, so exercise caution at these key levels.

đź’ŽIn the event of a pullback, we may anticipate a bounce from the Bullish OB, considering the overall bullish market structure.

đź’ŽNevertheless, if the price breaks down below these levels without proper confirmation, it may be wise to refrain from immediate action and wait for clearer price action to emerge.

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