Yello Paradisers! Are you watching CYBERUSDT closely? If not, now’s the time. We’re at a critical point with a textbook W-pattern forming right at the supportive trendline of the ascending channel, and things are heating up! Let’s break it down.
💎The pair is currently respecting the ascending channel’s support, increasing the probability of a bullish move. But the key lies in what happens next:
💎If CYBERUSDT breaks through the resistance level and closes a candle above it, we’ll have a confirmed W-pattern. This will likely trigger a strong upward move, giving bulls the green light to step in.
💎If the price pulls back further, we’ll watch for inducement below the current level. This could bring the pair down to a strong support zone, where we’ll need to see bullish reversal patterns like a bullish I-CHoCH, W-pattern, or inverse head and shoulders on lower timeframes before considering long positions.
💎But let’s not jump the gun, Paradisers. If CYBERUSDT breaks down and closes below the strong support zone, it will invalidate the bullish setup entirely. In that case, it’s best to step aside and wait for better price action to develop.
Trade smart, Paradisers. Remember, it’s not about predicting every move—it’s about waiting for the right setup and striking with confidence. Patience is what keeps you in the winner’s circle. Stay focused and disciplined!