OLUSDT Ready to Explode? Don’t Miss This SetupYello Paradisers, is this the calm before the storm? #OLUSDT has just bounced off a key support zone and is now grinding right under a critical resistance. If you’ve been following our recent plays, you know exactly how this pattern can end with an explosive move that catches the herd completely off guard. This chart setup demands attention right now.
💎What we’re seeing is a textbook descending broadening wedge formation, which historically leads to powerful breakouts when the price breaks through the upper trendline with volume. #OLUSDT has respected this wedge perfectly, with two touches on both the resistance and support lines, confirming its technical strength. At the time of writing, the price is testing this resistance again, and any sustained breakout above it could flip the current structure bullish and trigger a rally.
💎The recent bounce came directly from a strong support zone between $0.028 and $0.030, an area that has consistently absorbed selling pressure. This level is now acting as the foundation for a potential trend reversal. As long as the price remains above this zone, bulls remain in control of the narrative. However, a daily close below $0.028 would invalidate the current bullish setup, signaling that bears may still have fuel left to drive the price lower, potentially targeting the $0.024 region.
💎On the upside, if the resistance gives way, we’re watching three major reaction zones: the first is minor resistance at $0.037, then moderate resistance around $0.043, and finally, the strong resistance zone at $0.046 to $0.050, which would represent a full breakout completion and a 50% move from current levels. These levels are not just random numbers; they represent areas of high liquidity and previous heavy sell interest, so they must be approached with caution and strategy.
Stay ready. Stay focused. And always play the long-term game like a pro.
MyCryptoParadise
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