FWOG/USDT: 35% Upside Target | Rising Wedge Formation
FWOG/USDT Analysis:
Current price: $0.28 (-0.97%)
Key levels:
- Resistance: $0.34-0.35
- Support: $0.26-0.27
Pattern: Rising wedge forming with potential breakout zone at $0.34
Trade setup:
- Entry: $0.26-0.28
- Target: $0.34 (35% potential upside)
- Stop loss: Below wedge support ~$0.24
- R:R ratio: 1:2.5
Watch for:
- Volume confirmation at breakout
- Support level holds
- Rising trendline integrity
DYOR - This is not financial advice. Always manage risk and position size appropriately.
Current price: $0.28 (-0.97%)
Key levels:
- Resistance: $0.34-0.35
- Support: $0.26-0.27
Pattern: Rising wedge forming with potential breakout zone at $0.34
Trade setup:
- Entry: $0.26-0.28
- Target: $0.34 (35% potential upside)
- Stop loss: Below wedge support ~$0.24
- R:R ratio: 1:2.5
Watch for:
- Volume confirmation at breakout
- Support level holds
- Rising trendline integrity
DYOR - This is not financial advice. Always manage risk and position size appropriately.
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