Paradisers take note! VTHOUSDT after successfully breaking out of a descending channel trend line, the asset is now retesting that level, setting the stage for a potential bullish surge👀
💎Just a few days ago, VTHO formed a robust descending channel, touching the trend line three times before finally breaking free. What fueled this breakout? Our observation on the HTF weekly chart indicates a bullish weekly candle, signaling strong buying momentum.
💎The volume profile is also revealing volatility in line with the candle range.This retest could offer a lucrative trading opportunity. However, if the price breaks below the trend line, be prepared for a significant downward move. Plan your short entries wisely in such a scenario.
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