The chart is painting a textbook descending wedge pattern—and that's the kind of setup traders live for. What makes this interesting? Structural support sitting right there since 2017, a level that's repeatedly proven itself as the floor for altcoin cycle lows. We've bounced off this zone multiple times through different market regimes.
The momentum is building here. All the pieces line up for a high-conviction inflection point—the kind where consolidation finally snaps into a decisive directional move. If the support holds and volume confirms, we could be looking at a legitimate upside breakout forming. Keep an eye on how price action behaves at these levels; it'll tell you everything.
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RektRecorder
· 17h ago
Is the support level in 2017 really that sacred? The slap in the face hurts the most.
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InfraVibes
· 17h ago
The lower wedge is back again. Every time, they say a high-probability rebound, but as for the result... we still need to wait for volume to confirm. Don't be fooled.
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ArbitrageBot
· 17h ago
Whoa, can the 2017 support level still hold? Is this really the moment to take off?
BTC & ALTCOINS ‼️
The chart is painting a textbook descending wedge pattern—and that's the kind of setup traders live for. What makes this interesting? Structural support sitting right there since 2017, a level that's repeatedly proven itself as the floor for altcoin cycle lows. We've bounced off this zone multiple times through different market regimes.
The momentum is building here. All the pieces line up for a high-conviction inflection point—the kind where consolidation finally snaps into a decisive directional move. If the support holds and volume confirms, we could be looking at a legitimate upside breakout forming. Keep an eye on how price action behaves at these levels; it'll tell you everything.