MBL is forming a descending wedge pattern. According to the chart observation, this coin is consolidating around $0.001201. Once it breaks through the key resistance level of $0.001440, it is expected to trigger a bullish trend. Breakouts after wedge convergence often lead to significant gains, so follow-up movements are worth paying attention to. Traders can set entry opportunities near the breakout point and also implement risk management. #MBL #MBLUSDT #crypto #trading #chartpatterns
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RuntimeError
· 5m ago
Wedge breakdown? Just wait and see, anyway 0.001440 isn't a high price.
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RugDocScientist
· 2h ago
If mbl can break through the wedge pattern and stay above 1440, I feel there's a real chance... But small-cap coins are just like this, repeatedly testing and it's exhausting.
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TokenDustCollector
· 4h ago
Descending wedge? Uh, at this price level, I think it's a bit risky. We need a breakout before taking action.
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ForkLibertarian
· 5h ago
The wedge breakout theory has been heard too many times, I'm just afraid it will be another false alarm.
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GateUser-e19e9c10
· 5h ago
The wedge breakdown pattern I've seen countless times, but the key is whether the trading volume follows or not.
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YieldFarmRefugee
· 5h ago
A descending wedge breakout needs to reach 0.001440 to be meaningful. For now, let's stay on the sidelines and not get caught by a false breakout.
MBL is forming a descending wedge pattern. According to the chart observation, this coin is consolidating around $0.001201. Once it breaks through the key resistance level of $0.001440, it is expected to trigger a bullish trend. Breakouts after wedge convergence often lead to significant gains, so follow-up movements are worth paying attention to. Traders can set entry opportunities near the breakout point and also implement risk management. #MBL #MBLUSDT #crypto #trading #chartpatterns