PAAL on the Verge of a Major Breakout?

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Yello, Paradisers! Have you been keeping a close eye on #PAAL? We’re approaching a critical juncture, and a breakout might be just around the corner. Let’s dive into the key levels that could make or break this setup.

💎#PAALUSDT is currently trading within a falling wedge pattern, getting closer to the crucial descending resistance at the $0.260 level. This is the first major point where we could see some serious action. But it doesn't stop there—just above this, PAAL faces another significant resistance between the $0.28 to $0.30 levels, which has been a barrier since early June.

💎If PAAL can break through this dual resistance zone with conviction, it would trigger a much stronger bullish trend. The next upside targets to watch would be $0.38, with further momentum possibly pushing it towards the $0.415 to $0.45 range.

💎On the support side, PAAL has a solid foundation. The EMA-50 and horizontal levels around $0.21 to $0.20 are providing minor support, which should protect against short-term dips. Additionally, there’s a strong base support between $0.1710 and $0.1580, a level that has held firm since June, preventing any further downward movement.

Paradisers, patience is key here—waiting for a confirmed breakout or retest at these critical levels could be your ticket to the next move.

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Giao dịch đang hoạt động
Boom! #PAAL is doing just what we said. Up 97.60% and looking good!

PAAL with a strong reaction after breaking the descending resistance. Price has breached past the first targets of moderate resistance and if it holds the moderate levels now, PAAL is positioned for the strong resistance levels of $0.415 to $0.45 range.

ảnh chụp nhanh
Giao dịch được đóng thủ công
#PAAL closed manually after hitting the first target level.

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