On-Demand Analysis: $AUDIO /USDT! Audius (#Audio ) is up 2.9% in the last 24 hours thanks to bullish technical signals, a partnership-driven user incentive program, and elevated trading activity!
A falling wedge pattern is forming—could mean more upside ahead!
📊
The chart also shows a bullish trend on the 15-minute timeframe and neutral indicators, with a current probability of 60.98% for a move!
Crux:
Support Zone: A strong base is at 0.0568-0.0580, where buyers might step in
Resistance Level: The next big test is at 0.0640—break that, and it could climb higher!
Falling Wedge: This pattern, with its narrowing lines, often signals a bullish move if it breaks above 0.0640.
Momentum: Steady volume and a 45.06% ADX trend strength, boosted by trading activity, suggest growing momentum
Timeframe:Watch the next few hours for the wedge to break out
Possibilities:Bullish Move: A jump above 0.0640 with good volume could push it to 0.0700 or more! $AUDIO
Bearish Drop: A fall below 0.0568 might take it back to 0.0540—stay careful!
Safety Tip: Set a stop-loss below 0.0568 to stay safe.