ANT/USDT { ARAGON } - BULLISH SETUP

ANT/USDT { ARAGON } – BULLISH SETUP

ANALYSIS 🔎
– ANT/USDT was ranging in a rectangular pattern.
– The market brokeout above the range resistance, hit a swing high (@6.499) and retraced.
– Price is retesting the key fibonacci retracement zone (0.618 – 0.702 – 0.786) and the horizontal support level .
– There’s a relatively high concentration of buyers at this zone (high buying pressure).

BUY ENTRY ⬆️
– Key fibonacci retracement zone (0.618 – 0.702 – 0.786).

TARGETS 🎯
– Horizontal resistance level (@5.708).
– Horizontal resistance level (@6 499).
Fibonacci extension level 1.0 (@7.219).

SETUP INVALIDATION ❌
– Breakdown below the 0.786 fibonacci retracement level (@4.595).