After its listing on Perpetual C/USDT printed a powerful Wave 1 rally of +300%, showing strong initial momentum. The following phase was a healthy corrective Wave 2, allowing the market to reset and absorb early profit-taking.
Currently, price action is stabilizing around the $0.20 zone, forming a perfect base support. Volume is gradually picking up, and the bullish structure is starting to build, suggesting that Wave 3 — the strongest and most explosive wave in Elliott Wave theory may be about to begin.
This setup positions the $0.20 zone as an ideal accumulation level, with the potential for a parabolic breakout once Wave 3 confirms.
Currently, price action is stabilizing around the $0.20 zone, forming a perfect base support. Volume is gradually picking up, and the bullish structure is starting to build, suggesting that Wave 3 — the strongest and most explosive wave in Elliott Wave theory may be about to begin.
This setup positions the $0.20 zone as an ideal accumulation level, with the potential for a parabolic breakout once Wave 3 confirms.
Nota
Remember 5th rule of breakout its make or break 
🧠 8+ yrs in crypto & Forex | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
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🧠 8+ yrs in crypto & Forex | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.