1. **Falling Wedge Pattern**: The pair has been moving within a falling wedge pattern from mid-March until now. This pattern is often seen as a sign of a trend reversal from bearish to bullish.
2. **Resistance and Support**:
- **Resistance Zone**: The chart displays a resistance zone between 1.50 and 1.65 USDT. This is the price range where the price typically struggles to break through.
- **Support Zone**: The support zone lies between 0.75 and 0.85 USDT. This is the price range where the price usually stops and reverses.
3. **Descending Resistance**: The descending resistance line has recently been broken, which could signal a trend change.
4. **100-Day Moving Average (MA 100)**: This line is providing support for the price in the chart. Currently, the price is above the 100-day moving average, which can be a positive signal for an upward trend.
5. **Trading Volume**: The trading volume has recently increased, indicating growing interest from investors.
the chart shows a falling wedge pattern that is in the process of breaking out. If this breakout is confirmed, the price of SUPER/USDT could continue to rise, surpassing previous resistance levels.
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This is not investment advice and disclaims all liability. Please consider carefully before investing.
