Long
LEVER/USDT (6H) – Trendline Breakout in Progress
LEVER/USDT (6H) – Trendline Breakout in Progress
Pattern: Descending Trendline Breakout
Timeframe: 6-Hour ⏱️
Pair: LEVER/USDT 💱
Published: June 10, 2025 📅
Technical Overview:
LEVER/USDT has been trading under a consistent downward trendline, making lower highs over several weeks. Price is now attempting a breakout above this resistance, showing signs of reversal and bullish momentum 📈
Potential Trade Setup:
Bullish Scenario ✅
Entry: On breakout and 6H candle close above 0.000520–0.000530
Targets:
* TP1: 0.000650–0.000680 🎯
* TP2: 0.000750–0.000800 🎯
Stop-loss: Below 0.000450–0.000460 🛑
Risk Management ⚠️
Wait for confirmation with strong candle close and volume to avoid fakeouts. If rejected, price may resume its downtrend or consolidate further.
Conclusion:
LEVER is testing a key resistance zone. Break and hold above trendline may confirm a trend reversal with upside potential 📊🔍
Pattern: Descending Trendline Breakout
Timeframe: 6-Hour ⏱️
Pair: LEVER/USDT 💱
Published: June 10, 2025 📅
Technical Overview:
LEVER/USDT has been trading under a consistent downward trendline, making lower highs over several weeks. Price is now attempting a breakout above this resistance, showing signs of reversal and bullish momentum 📈
Potential Trade Setup:
Bullish Scenario ✅
Entry: On breakout and 6H candle close above 0.000520–0.000530
Targets:
* TP1: 0.000650–0.000680 🎯
* TP2: 0.000750–0.000800 🎯
Stop-loss: Below 0.000450–0.000460 🛑
Risk Management ⚠️
Wait for confirmation with strong candle close and volume to avoid fakeouts. If rejected, price may resume its downtrend or consolidate further.
Conclusion:
LEVER is testing a key resistance zone. Break and hold above trendline may confirm a trend reversal with upside potential 📊🔍
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚀 Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
👉 t.me/cryptobyghazii
👉 t.me/cryptobyghazii
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.