KEY HUGE MOVEMENT IS COMING! NYSE:KEY is in a large Falling Wedge pattern, hinting at a potential breakout. It has retraced 75% from the March 2024 high of 0.0135 to the current 0.0043.
Look for resistance near 0.01000 as a breakout target. Initial resistance sits around 0.0077, 0.01000 and above. Watch for support at 0.0032 to manage risk.
KEYUSDT
💎KEY's W pattern hints at a bullish reversal. 💎 Paradisers, #KEY has been consolidating for a considerable period and has now formed a W pattern, suggesting a potential bullish reversal. If #KEYUSDT manages to break out above the resistant level, it would confirm the W pattern and could lead to targets towards the next resistant levels.
💎In the event of a pullback, we may anticipate a bounce from the demand level.
💎However, if the price breaks down below the demand level as well, it might be prudent to refrain from immediate action and wait for better price action to form before making any trading decisions.