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Melon / USDT
Long

MLNUSDT Forming Wave 1 of a New Impulse

Di cultureofwoods
Great project IMO, with long-term potential. Looks like an inverted triangle impulse wave 1 is forming, with the final wave (E) expected to reach a minimum of $40, but could over extend as far as $60. Overall move is likely the B wave of a larger correction IMO (could definitely be wrong!) and I expect it to reach $150 and possibly go all the way close to the 2021 highs before coming down for wave C and to complete the correction before making new highs 2028-2030.
Chart PatternsTrend AnalysisWave Analysis
cultureofwoods

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