Technical CRYPTO Analyst

#DARUSDT price is tightly consolidated within a symmetrical triangle, hinting at an imminent breakout. If the breakout is upward, it will indicate a bullish trend reversal, potentially leading to a surge and capture of significant sell-side liquidity.

However, if the breakout moves downward and faces rejection at the upper resistance, this would indicate a shift towards a bearish trend, potentially causing the price to revisit key support for renewed bullish momentum.

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www.tgoop.com/TechCryptoAnalyst/12395

42.4K viewsOct 30, 2024 at 06:49

#DARUSDT price is tightly consolidated within a symmetrical triangle, hinting at an imminent breakout. If the breakout is upward, it will indicate a bullish trend reversal, potentially leading to a surge and capture of significant sell-side liquidity.

However, if the breakout moves downward and faces rejection at the upper resistance, this would indicate a shift towards a bearish trend, potentially causing the price to revisit key support for renewed bullish momentum.

BY Technical CRYPTO Analyst