🚀 $ANKR is showing a potential technical setup!

The weekly chart displays a developing reversal structure following a successful test of the 0.003300 support area, with strong bullish momentum pushing prices toward higher resistance.

📈 The Technical Setup:
‱ The Pattern: Double Bottom Reversal
‱ Short-term Target: 0.005300
‱ Macro Objective: N/A based on visible chart
‱ Market Structure: reversal

🎯 Key Levels to Watch:
‱ Support / Accumulation Zone: 0.003300 - 0.003500
‱ Resistance: 0.005300
‱ Breakout Level: 0.004100
‱ Stop Loss / Invalidation: 0.003300

📊 Confirmation:
‱ Volume: Neutral/standard volume
‱ Momentum: Strong bullish recovery candles following the double bottom structure
‱ Trend: Attempting a macro trend reversal from range lows

⚠ Invalidation:
A decisive weekly close below the 0.003300 support zone invalidates the bullish reversal setup.

Monitor price action near current levels as bulls attempt to sustain momentum toward the marked target.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

#ankr #crypto #BinanceSquare #tradingview #TechnicalAnalysis