📊 Rare reversal pattern ignites hope!
On the daily chart, the inverted head and shoulders pattern (🧑🦲→👤→🧑🦲) emerges as a knight in shining armor! This pattern warns of a drastic shift from decline 📉 to rise 📈 especially after the price broke the neckline (previous resistance) turning into strong support!
🧩 Triangular pattern details:
1. Left shoulder: Beginning of accumulation 🛒.
2. Head a deep bottom 🕳️ followed by a strong recovery.
3. Right shoulder: Confirmation of upward momentum 🚩.
🎯 Potential rocket targets:
- First target: $11.5 (previous head peak) 💰.
- Second target: $13.2 (historical resistance) 🚀.
- Third target $15.0 (if the price passes the accumulation area) 🌕.
🛡️ Golden defense line:
- Critical support: $8.6 🛑… any break here ends the pattern and brings a drop!
- Moving averages
- MA7 $10.26 (Dynamic support) 📍.
- MA25: $9.42 (Key for short-term momentum) 🔑.
⚡ Why is optimism justified?
- Volume: Increased trading volume at the breakout confirms buyer strength 📢.
- Technical indicators: Moving averages crossover (MA7 above MA25) gives a buy signal 🟢.
- Liquidity area $9.0-$9.5 has become a thick support zone 🛡️.
📢 Professional advice:
- Buy: above $9.8 with a stop loss at $8.5 🛒.
- Watch: If the price closes weekly above $10.0... get ready for a rocket wave! 🚀🌌
🎯 Remember:
> "The markets are a journey between patience and boldness, and today the bulls' boldness shakes the market!" 🐂💥
#ZEN_USDT #ZEN_USDT #إنعكاس
_Upcoming #ZEN_USDT #Upcoming_Reversal #Inverted_Head_and_Shoulders
