GROK is forming a falling wedge on the 4-hour chart, suggesting a potential bullish breakout,
Key Levels:
- Support Zone: Around $0.004047**—holding here could mean a bounce back! - **Golden Opportunity: If it dips to $0.002500, this could be a prime entry point for a rebound,
Upside Targets: Watch for a breakout towards $0.005000 and $0.006500,
Keep an eye on these levels—a big move might be on the horizon. @Whale Ventures
KLAY is currently trading within a falling wedge pattern, showing signs of approaching a potential bullish breakout after finding support at lower levels.
Key Levels to Watch: Support Zone: $0.1076 - $0.0982 – This area near the lower boundary of the wedge could serve as strong support for a reversal.
Resistance Levels:$0.1811 (PMH) – The immediate resistance to break for a potential breakout and confirmation of a bullish reversal.
Target Zone: $0.2600 – If KLAY breaks above the wedge, this could be the next upside target in the medium term.
Possible Scenarios: Bullish Breakout: A breakout above $0.1811 could lead to a significant bullish run toward $0.2600. The wedge structure suggests a strong move may follow once resistance is broken.
Bearish Continuation: If KLAY fails to hold support around $0.1076, it could continue to trade within the wedge, possibly retesting the lower levels near $0.0982. @Whale Ventures
Optimism is currently consolidating around $1.69, with signs of a potential surge towards $2.00 if it breaks this key resistance level. Momentum is building, and a bullish move could be just around the corner,