Is SUNDOG Primed for a Major Reversal?

Updated
Yello, Paradisers! Could #SUNDOG be gearing up for a breakout? Currently trading within a falling wedge pattern and forming a deviation-style bottom, #SUNDOGUSDT shows signs of an impending reversal if it can hold support in the coming hours.

💎If SUNDOG maintains its grip on these support levels, bulls could gain momentum primarily aiming towards the $0.22 and the descending resistance level of $0.23. Breaking above these levels could ignite strong bullish momentum, setting sights on the next major resistance range between $0.28 and $0.29.

💎Between $0.28 to $0.29 is where strong profit-taking remains expected, however if momentum sustains, bulls could be in for another upside leg. If bulls manage to secure acceptance above this range, further upside potential opens up, with possible extensions towards $0.325 to $0.335.

💎On the downside, SUNDOG has strong and moderate support between $0.188 and $0.200. This level has held firm since mid-September, and as long as bulls defend it, SUNDOG’s bullish prospects remain intact.

Patience and precision here, Paradisers. Watch for key breakouts or bounces to guide your strategy—consistency and discipline will pave the way to strong gains!

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Trade closed: stop reached
SUNDOG lost the base support levels and plunged lower.
Chart PatternscryptosignalcryptosignalsTechnical IndicatorsmemecoinmycryptoparadisesundogsundoganalysissundogsignalsSUNDOGUSDSUNDOGUSDTTrend Analysis

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