⚡️NEW SPOT SIGNAL⚡️
The price is currently moving in a falling wedge on the 15-minute frame, signaling a potential bullish breakout. It is approaching a key demand zone around $0.5778, indicating a strong support level.
A breakout above the wedge could lead to a move upwards, targeting the following levels:
First target: $0.5978
Second target: $0.6136
Third target: $0.6284
The RSI is showing a bullish divergence, confirming weakening downward momentum and increasing the likelihood of an upward move.
Entry price: $0.5813