cyber Price bouncing off Descending Channel support on dail | Bull Hunter on Binance Square

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Price bouncing off Descending Channel support on daily timeframe👀
Breakout could propel price towards $12-13 range🚀
Sett stop-loss below channel support for risk management

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$ADA Cardano in an falling wedge on the daily chart and trying to breakout above the upper border Price might reach $0.6750 soon after breakout🚀

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$BAKE has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push received from a successful retest of the channel's lower support. If BAKE can break above the descending resistance, supported by the liquidity at $0.36, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook. Should the current resistance hold, we might see a retest of the support level at $0.1860. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move. If both support levels fail, BAKEUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.

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$GAL After reaching the price of $5.8 , GAL has experienced more than 50% correction. The $1.7-$1.6 level supported the price well and brought the price back from $1.680 to $2.980 The price has now re-entered the descending channel and recorded recent bullish and very strong candles. Therefore, the possibility of continued growth at least up to the ceiling of the channel and passing $3 is high

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$FRONT #FRONT is testing a crucial support level on the daily chart🧐 A bounce seems likely, potentially starting a bullish move📈 Waiting for a possible 100% surge in the coming days

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$SAGA is forming falling wedge on Daily timeframe Breakout could trigger 90-100% bullish wave Keep an eye on this for possible explosive gains!✈️l

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