$VOXEL /USDT – Bullish Breakout or Fakeout? Let’s Decode the Move!
VOXEL is showing renewed strength as it rebounds off recent lows, forming a series of higher lows—a classic sign of bullish intent. But the real test lies just ahead: Can it break above local resistance or will it stall?
Market Analysis:
Current Price Action: $VOXEL is coiling near the $0.080 zone, testing a key resistance level that has capped previous rallies.
Structure: An ascending triangle pattern is forming—typically a bullish continuation signal—backed by recent green candles.
Volume Watch: While current volume is moderate, a spike on the breakout could confirm trend continuation. Watch closely!
Momentum Indicators: RSI is neutral but climbing, suggesting potential for further upside without being overbought.
Support Zone: Strong base has formed near $0.075—key level to hold for bulls.
Trade Setup:
Entry Zone: $0.078 – $0.0805
TP1: $0.085
TP2: $0.091
TP3: $0.097
SL: Below $0.075
Why This Move Matters:
Volume breakout confirmation will be crucial to avoid a fakeout.
The gaming sector is regaining attention—$VOXEL could ride the narrative momentum.
A break above $0.0805 with strong volume could trigger a new short-term uptrend.
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