FWOG/USDT: 35% Upside Target | Rising Wedge Formation
FWOG/USDT Analysis:
Current price: $0.28 (-0.97%)
Key levels:
- Resistance: $0.34-0.35
- Support: $0.26-0.27
Pattern: Rising wedge forming with potential breakout zone at $0.34
Trade setup:
- Entry: $0.26-0.28
- Target: $0.34 (35% potential upside)
- Stop loss: Below wedge support ~$0.24
- R:R ratio: 1:2.5
Watch for:
- Volume confirmation at breakout
- Support level holds
- Rising trendline integrity
DYOR - This is not financial advice. Always manage risk and position size appropriately.
Current price: $0.28 (-0.97%)
Key levels:
- Resistance: $0.34-0.35
- Support: $0.26-0.27
Pattern: Rising wedge forming with potential breakout zone at $0.34
Trade setup:
- Entry: $0.26-0.28
- Target: $0.34 (35% potential upside)
- Stop loss: Below wedge support ~$0.24
- R:R ratio: 1:2.5
Watch for:
- Volume confirmation at breakout
- Support level holds
- Rising trendline integrity
DYOR - This is not financial advice. Always manage risk and position size appropriately.
Trade closed: stop reached
STOP REACH
TO MUCH SELL PRESION
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.