Key Resistance Test + Bullish Targets Lined Up!
By: Binance Square Contributor
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Hey Binance Fam!
Let’s zoom in on $SUPER/USDT — a promising setup is unfolding on the 1D chart, and it’s one you’ll want on your radar.
Falling Wedge Formation Detected
Currently, $SUPER is trading within a falling wedge, a pattern that often signals a potential bullish breakout. Right now, it's approaching a major resistance cluster made up of:
⚔️ Daily MA50
⚔️ Wedge resistance line
⚔️ Ichimoku Cloud overhead
This is a critical zone. A clean breakout above this confluence could open the door to some exciting upside moves.
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Bullish Targets After Breakout
If $SUPER breaks out convincingly, these are the key levels to watch:
🎯 $0.6460 – First target after breakout
🎯 $0.8021 – Break of psychological resistance
🎯 $1.0582 – Midterm trend level
🎯 $1.2652 – Momentum continuation zone
🎯 $1.4722 – Full wedge target
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Risk Management Matters
Don’t forget — a tight stop-loss is essential here. This is a breakout trade setup, not a blind hold.
Tips:
Watch volume confirmation on breakout
Avoid chasing green candles
Respect resistance until it's clearly flipped
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Final Thoughts
The setup is clean, the levels are clear, and the risk-reward can be solid — if managed well. Whether you're already in or waiting on confirmation, keep $SUPER on your radar this week.
Stay sharp, stay smart, and as always — good luck out there!
— Your Binance Square Family