New Plancton's
Idea #ANTUSDT wants the breakout
ANTUSDT is a cryptocurrency pair that has recently experienced an exciting development in its price action. After a period of consolidation and declining prices, the market witnessed a breakout from a falling wedge pattern. This breakout occurred when the price surpassed the upper boundary of the wedge, indicating a potential reversal in the downward trend.
One notable aspect of this breakout is that the price exhibited a significant bounce precisely at the 0.618 Fibonacci level, which coincided with the $3 area. Fibonacci levels are often considered important support and resistance levels in financial markets, and this particular level held as support in the case of ANTUSDT. This reinforces the significance of the breakout and suggests a strong buying interest at that price level.
Currently, the market is in...
