RCADE / Tether

$RCADE 30mins Chart Analysis

17
https://www.tradingview.com/x/mFwswPSt


A falling wedge is formed when price makes lower highs and lower lows within converging trendlines. It’s typically a bullish pattern, especially after an extended downtrend like this one.

Current Situation - Price touched the lower wedge boundary at $0.000832 (latest local low)

Multiple taps on both support and resistance trendlines confirm wedge validity

Quick rebound from the wedge bottom hints that buyers are stepping in


🔹Breakout zone above $0.00110–$0.00115 could trigger rapid move

🔸Immediate resistance levels: $0.00130 → $0.00150 → $0.00180


⚠️ Invalidation:
A breakdown below $0.00083 with high volume would invalidate the wedge and resume the downtrend.

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