$FURYNew coin. Not a lot of price action yet. Timing of the launch a bit unfortunate. Price crashed into 0.786 fib zone after initial pump upwards. Now consolidating just above fib level. Not yet a lot of strength to see on the chart.
Green scenario:
Create higher low after touching 0.835 zone or doing a liquidity sweep. Creating a higher high and low to break out of the structure.
Red scenario:
Fall all the way back into possible mitigation zone below 0.886 fib zone before moving highter.
FURYUSDT trade ideas
FURY/USDT Potential Triangle - Case for +75%NOT FINANCIAL ADVICE
TL;DR Potential triangle, case for a +75% move to the $0.75 area
Recently launched coin and very early analysis, take it with a grain of salt 🧂
BITGET:FURYUSDT could be trading in a symmetrical triangle, with a fairly technical chart and relevant fib retracement levels.
If the recent touch of the support trendline is a local bottom, we could see a climb to the $0.75 area (0.618 fib) for a retest of the resistance trendline, with a +75% move.
RSI and CCI both recently went oversold, signaling a potential upwards move.
