AKROUSDT (AKROUSDT) - UPTREND CONTINUATION

ANALYSIS 🔎
- AKROUSDT is bounded in a major ascending channel.
- Price rejected the major ascending channel resistance and is retracing to the major ascending channel support.
- The retracement is bounded in a minor descending channel.
- Price is testing the major ascending channel support and fibonacci retracement levels.
- Possible bounce off the major ascending channel support.

BUY ENTRY ⬆️
- Aggressive (risky) : fibonacci retracement levels, major ascending channel support, minor descending channel support
- Conservative : breakout above the minor descending channel resistance.

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Major ascending channel resistance.

SETUP INVALIDATION ❌
- Breakdown below the major ascending channel support.