MODE - A Leg up Setup!Lets see what is all about.
Mode (MODE) is a Modular DeFi Layer 2 solution built using the OP Stack and is part of the Optimism Superchain.
from that point of view could be a flexible solution in the interoperability service/space, above
this we can count that the project get traction thanks to the AI Agents narrative.
And with that i have said it all ;-) ....
technically speaking we have the previous movement around 500% which indicate a relative strong first movement. We are approaching the 0.05$ which is a major barrier to break.
The major structure of the markets are designing many cup&handle patterns which are breaking up. This coin is doing the same!!
our first potential possible target is around 0.20$ the second will be around 0.30$ but that could be not the end ;-) ... but a beginning of a new major trend!
good trading!
MODEUSDT trade ideas
Mode ivated? Elliott waveIf you find this information inspiring/helpful, please consider a boost and follow!
Got the looks of an Elliott wave impulse here.
I will be watching this chart closely to see if we can get a corrective pattern that stays internal to this suspected impulsive range. Preferable a clear ZZ or other pattern will develop and print down in to at least the discount area. Alarms set, added to watch list.
Mode(MODE)===>>🚀➕10%-➕15%🚀📊The MODE token has been listed on some exchanges for less than 24 hours.
📚 What Is Mode (MODE)?
🔸 Mode is a Modular DeFi L2, built using the OP Stack and part of the Optimism Superchain. Mode launched their mainnet in January 2024.
🔸 MODE is the native utility token that is used for governance
🌐 Mode Network Initiates 550 Million Crypto Airdrop on Optimism .
💡 MODE was able to break the Downtrend line by breakout candle .
🌊According to the theory of Elliott waves , MODE completed Zigzag(ABC) correction on 🟢 Support zone 🟢.
🔔I expect MODE to start rising again( ➕10%-➕15% ).
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Mode Analyze (MODEUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.