The FLR/USDT chart highlights two falling wedge patternsโa classic bullish reversal structure:
1๏ธโฃ The first wedge (2023) led to a breakout and rally, showcasing the strength of this pattern.
2๏ธโฃ The second wedge (2024) has also broken upwards, signaling renewed bullish momentum.
๐ After the recent surge, the price is now retesting the previous resistance, which has turned into support, indicating a healthy retracement and potential preparation for the next upward move. ๐ฅ
๐น Aggressive Entry: Buy at the current price level to ride the bullish momentum.
๐น Conservative Entry: DCA down to the green support zone around $0.02400โ$0.02650 for a safer position.
๐ Profit Targets: Clearly marked on the chart to ensure a planned exit strategy. ๐โจ
๐น Exchanges: Coinbase, Bybit, KuCoin, Gateio, MEXC, Kraken, Bithumb, Uniswap.
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