BIG positionHello friends
This coin is located in a very, very foggy support area, and by maintaining this support area, you can expect a 50% growth from it up to the previous ceiling, which will be our first target, and we will update the following targets if needed.
Again, note that maintaining this support range is very, very important.
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MADUSDT trade ideas
Technical Analysis for MAD/USDTTechnical Analysis for MAD/USDT
The cryptocurrency MAD is showing a Falling Wedge breakout on the chart, signaling a bullish continuation. With increased trading volume and strong buyer momentum, the price is likely to target higher resistance levels.
Support and Resistance Levels:
Support 1: 0.000035 (strong rebound zone).
Support 2: 0.000025 (in case of a deeper correction).
Resistance 1: 0.00005796 (key level to watch).
Resistance 2: 0.00007213.
Resistance 3: 0.00008843 (previous high).
Price Expectations:
Upside Potential: If the price breaks above 0.00005796, the next targets are 0.00007213 and 0.00008843.
Downside Risk: In case of a pullback, support at 0.000035 could serve as a strong bounce level.
Recommendation:
Short-term traders can take advantage of the bullish momentum and aim for the first resistance at 0.00005796.
Long-term investors should wait for a confirmed breakout above 0.00005796 before entering new positions.
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