▪️ Trend: Strong bullish momentum observed over the last two weeks, with consistent higher lows indicating accumulation. ▪️ Historical Context: Previous breakout patterns on BLZ/USDT have delivered a minimum of 500% gains. Current price structure aligns with historical breakout behavior.
🔰 Key Levels: ▪️ Accumulation Zone: $0.10–$0.125 (Strong support area with high buy interest). ▪️ Resistance Zone: $0.28 (Immediate resistance). ▪️ Targets: $0.28 / $0.48 / $0.70 / $1 (Fibonacci-based extensions and historical price targets). ▪️ Stop Loss: Below $0.10 (Breakdown invalidates bullish setup).
🔰 Outlook: A confirmed breakout above resistance can signal continuation toward the $1 mark, supported by volume and price action. Failure to hold accumulation levels could shift the bias to neutral.
🔰 Disclaimer: This is a technical observation. Perform due diligence before making any trading decisions.
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