WAVESUSDT Mid-Term Forecast

💎 Paradisers, let's delve into the intriguing realm of #WAVESUSDT, where the market has woven a tale of wide-ranging price dynamics throughout the year. Within this narrative, we encounter distinct boundaries—a formidable resistance zone dwelling near the psychological fortress of $3.00 and the emergence of a compelling double bottom formation, nestled around the $1.25 territory.

💎Notably, recent developments have brought us to a pivotal juncture. #WAVES found support around the 88.6% Fibonacci retracement level. Simultaneously, price action revealed a remarkable bounce off the downtrend trendline. The significance lies in this trendline's transformation, transitioning from a resistance to a supportive force in our journey.

💎 Presently, our charts tell a tale of a minor 88.6% Fibonacci level at $1.486, serving as a sturdy bulwark of support. It's within this context that our demand zone comes into focus, nestled comfortably between these two Fibonacci retracement levels, spanning from $1.40 to $1.50.

💎 As long as #WAVES remains above this defined demand zone and maintains its connection with the uptrend trendline, our perspective leans toward a mid-term upward trajectory. While the exact duration remains uncertain, this path could potentially yield a 28% price increase in the weeks ahead. Paradisers, remember that patience and discipline are your allies during the waiting game.

💎 Rest assured, the MCP team will continue to vigilantly monitor the price action, ever watchful for potential shifts in market dynamics. We are committed to providing you with timely updates that empower your trading decisions.

Stay engaged, stay informed, and let's navigate this #WAVESUSDT journey together with confidence and knowledge! 🌊