🔻 Falling Wedge Pattern Price was making lower highs & lower lows inside a falling wedge Now price is near strong support zone (~1.30 area) and trying to bounce.
📈 If breakout happens above wedge trendline → strong upside move possible. 🎯 Mid-term targets: 3.20 – 6.00 – 10.00+ ⚠️ Weekly candle confirmation is important. Big reversal setup if breakout sustains. 🚀
Price was moving inside a falling wedge pattern (lower highs & lower lows, but narrowing range). • Wedge Support: ~1.20 – 1.40 • Resistance Zone: ~2.30 – 2.50
📈 Bullish Signal: Price is trying to break above wedge resistance. • Weekly close above 2.50 can start strong upside momentum. 🎯 Next major targets: 3.50 – 4.20 – 5.00 ⚠️ If rejected from resistance, price may retest lower support again.