KANGO TO THE MOON! TECHNICAL ANALYSIS🔸 Chart Pattern: Falling Wedge Formation
KANGO has been trading inside a well-defined falling wedge, a classic bullish reversal pattern that often signals a potential breakout after sustained downtrend pressure. The price is nearing the apex and has started to show signs of bullish momentum, testing the upper resistance of the wedge.
🔸 Key Technical Highlights:
Support Zone: 0.00001200 – 0.00001800 USDT
Resistance Zone: 0.00010000 – 0.00018000 USDT
Breakout Trigger: A confirmed breakout above 0.00002000 USDT with volume confirmation
🔸 Indicators:
VMC Cipher B: Bullish divergence detected, momentum turning green, indicating hidden buyer strength
RSI (14): 45.43 and climbing – neutral territory, leaving room for a strong upward move
MFI (Money Flow Index): Currently at 56, suggesting renewed accumulation and capital inflow
Stochastic RSI: Oversold (~20), pointing to an imminent bullish crossover
🔸 Volume Analysis:
A visible volume squeeze is occurring; a spike in volume could catalyze a breakout and rapid price appreciation.
🚀 KANGO TO THE MOON 🔥
🎯 Falling wedge pattern? Check. Bullish divergence? Check. Meme coin magic? DOUBLE CHECK.
KANGO is locked, loaded, and ready to blast off! After months of consolidation, it's tightening the coil inside a textbook falling wedge, and the breakout zone is just a breath away. With bullish momentum building and the community revving up, all eyes are on KANGO to flip resistance into launch fuel. 🌕🚀
From stealth mode to beast mode – the KANGO ROCKET is warming up.
📈 Eyes on the 0.00002000 zone – a clean break here and it’s liftoff time!
🔥 If you're not strapped in yet, this might be your final boarding call.
👉 KANGO isn't just a meme. It's a MOVEMENT.
