Long

LEVER/USDT (6H) – Trendline Breakout in Progress

41
LEVER/USDT (6H) – Trendline Breakout in Progress

Pattern: Descending Trendline Breakout
Timeframe: 6-Hour ⏱️
Pair: LEVER/USDT 💱
Published: June 10, 2025 📅

Technical Overview:

LEVER/USDT has been trading under a consistent downward trendline, making lower highs over several weeks. Price is now attempting a breakout above this resistance, showing signs of reversal and bullish momentum 📈

Potential Trade Setup:

Bullish Scenario ✅
Entry: On breakout and 6H candle close above 0.000520–0.000530
Targets:

* TP1: 0.000650–0.000680 🎯
* TP2: 0.000750–0.000800 🎯
Stop-loss: Below 0.000450–0.000460 🛑

Risk Management ⚠️
Wait for confirmation with strong candle close and volume to avoid fakeouts. If rejected, price may resume its downtrend or consolidate further.

Conclusion:

LEVER is testing a key resistance zone. Break and hold above trendline may confirm a trend reversal with upside potential 📊🔍

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.