BANDUSDT Falling Wedge: Is a Bullish Breakout Imminent?Yello, Paradisers! Have you been tracking BANDUSDT? The market is presenting a prime opportunity that you can't afford to ignore. Let's break it down!
💎BANDUSDT has formed a falling wedge pattern, and the price is currently sitting in the support zone, increasing the probability of a bullish move.
💎If the price shows an I-CHoCH (Internal Change of Character) in the lower timeframes, indicating a shift towards a bullish market structure, the probability of a bullish move will increase.
💎The probability of a bullish move will be even higher if the price breaks out of the falling wedge and the resistance zone together. In this scenario, we can expect a move towards the next swing highs.
💎If there is a breakdown of the support zone and the price closes below it, our bullish scenario will be invalidated. In that case, it is better to wait for a more favorable price action to form.
Stay sharp and strategic, Paradisers!
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