weslad

Xemusdt Strong Buy opportunity

Long
BINANCE:XEMUSDT   NEM / TetherUS
Xemusdt is demonstrating a rounding bottom formation, indicating a potential reversal pattern with the price targeting the immediate resistance level.

We've identified a robust demand zone, which could also serve as a buyback area if the price presents the opportunity.

Additionally, our immediate setup target aligns with the pattern neckline. A breakout above this neckline could trigger a significant move towards the projected setup target, as illustrated on the chart.

It's advisable to trade cautiously and implement appropriate stop-loss measures.

Your comments and likes on this post are appreciated.

Thank you.

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