#SSV
📌 Formation:
The chart shows a Symmetrical Triangle formation.
These types of triangle formations usually result in a strong breakout after a price consolidation.
The price seems to have broken the upper band of the triangle and initiated an upward movement.
🎯 Target Price:
DirectionTarget (USDT)Description🔼 Rise14,280 USDTTargeting as high as the height of the triangle
📊 Technical Observations:
Current Price: 11,334 USDT
The upward breakout of the triangle has occurred, but the price seems to have entered a short-term consolidation.
The target area after the breakout has been measured technically at the level of 14,280.
🛡 Support – Resistance Levels:
TypeLevel (USDT)DescriptionResistance12,000 – 12,500Previous peak and psychological levelSupport11,200Upper band of the triangle – breakout confirmationMain Support10,500 – 10,000Lower trend line of the triangle
🔍 Possible Scenarios:
ScenarioConditionTarget🔼 RiseClose above 11,500 with increasing volume14,280 USDT🔁 CorrectionClose below 11,00010,500 support test
✅ Summary:
TitleInformationMain FormationSymmetrical TriangleBreakout DirectionUpPotential Target14,280 USDTSupport Level11,200 – 10,500Critical ThresholdClose below 11,000 is risky