$MICHI Set for 1400% Leap Amidst Historic Falling wedge PatternThe Solana-based memecoin $MICHI is showing strong signs of a potential 1400% rally, with its price action forming a historic falling wedge pattern—a setup that has previously led to massive breakouts. As market conditions align for a bullish reversal, investors are keeping a close eye on $MICHI's n
michi / Wrapped SOL on Solana (GH8Ers4yzKR3UKDvgVu8cqJfGzU4cU62mTeg9bcJ7ug6) in USD
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Key stats
$michi - bouncing back and bullish uptrend$michi already broke $0.24 resistance and next leg up resistance is $0.32, when $0.32 turns from resistance over to support from retest(s), then it should break all time high from there before Q4 2024.
My target for $michi is $1 billion market cap by end of year 2024.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy