đ $AZTEC is showing a potential technical setup!
The asset has completed a rounding bottom recovery on the weekly timeframe and is now trending upward after breaking through critical resistance.
đ The Technical Setup:
âą The Pattern: Rounding Bottom / U-Shape Recovery
âą Short-term Target: 0.02231
âą Macro Objective: 0.03069
âą Market Structure: Bullish reversal from accumulation zone
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 0.01553
âą Resistance: 0.02231
âą Breakout Level: 0.01812
âą Stop Loss / Invalidation: 0.01553
đ Confirmation:
âą Volume: Standard/Rising bullish candles
âą Momentum: Strong upward momentum confirmed by recent breakout
âą Trend: Bullish reversal trend
â ïž Invalidation:
A weekly close below the 0.01553 support level would invalidate the current bullish outlook.
The asset has successfully broken out of a base structure and is targeting higher Fibonacci extension levels.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#aztec #crypto #BinanceSquare #Binance #TechnicalAnalysis
The asset has completed a rounding bottom recovery on the weekly timeframe and is now trending upward after breaking through critical resistance.
đ The Technical Setup:
âą The Pattern: Rounding Bottom / U-Shape Recovery
âą Short-term Target: 0.02231
âą Macro Objective: 0.03069
âą Market Structure: Bullish reversal from accumulation zone
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 0.01553
âą Resistance: 0.02231
âą Breakout Level: 0.01812
âą Stop Loss / Invalidation: 0.01553
đ Confirmation:
âą Volume: Standard/Rising bullish candles
âą Momentum: Strong upward momentum confirmed by recent breakout
âą Trend: Bullish reversal trend
â ïž Invalidation:
A weekly close below the 0.01553 support level would invalidate the current bullish outlook.
The asset has successfully broken out of a base structure and is targeting higher Fibonacci extension levels.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#aztec #crypto #BinanceSquare #Binance #TechnicalAnalysis
