Aerousdt: Is the Bullish Party Over or Just Taking a Breather?Yello, Paradisers! Have you been watching #Aerousdt's explosive bullish moves lately? If so, you're probably asking: Is this the beginning of a larger uptrend, or are we due for a correction? Let’s break it down step-by-step so you can navigate this market like a pro.
💎#Aerousdt has formed a double top near the resistance zone, accompanied by a liquidity hunt—a classic bearish signal. This suggests that a pullback to lower support levels is highly probable.
💎Aerousdt has recently broken out of a long-standing bearish trend, making consistent higher highs and higher lows, signaling a bullish trajectory. However, the pair has encountered a significant resistance zone after its most recent higher high. Despite the bullish momentum, the inability to close above the previous resistance level raises concerns about a potential reversal.
💎Several key support zones align with crucial Fibonacci retracement levels. These include the quarterly VWAP, which acts as a confluence for potential downside targets.The first major support zone to watch is 1.017, where a break could invalidate the bullish structure.
💎Upside Potential Remains Intact, While a retracement is likely, the overall bullish trend isn’t entirely off the table. A rebound from support levels could propel Aerousdt to test resistance levels around 2.223, with additional targets at 2.49 and 2.92 if the bullish gas reignites.
💎The bullish narrative will flip bearish if the pair breaks below the strong support at 1.017, violating the structural integrity of the uptrend.
💎Aerousdt’s immediate trajectory hinges on whether the bulls defend the critical support levels and reignite momentum. If you're trading this setup, patience is key. Watch for confirmation at support zones and resist chasing unconfirmed breakouts.
Strive for consistency, not quick profits. Treat the market like a professional, not a gambler. Always wait for the highest probability setups, Paradisers. Trade smart and stay disciplined!
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