Launchcoin / UsdtLAUNCHCOINUSDT SPOTBITGET:LAUNCHCOINUSDTWolftrader1337LAUNCHCOINUSDT 📊 **Technical Analysis – LAUNCHCOIN/USDT (1H, Bitget):** * 💰 **Current Price:** \$0.10578 * 🟥 **Major Support Zone:** \$0.09000 – \$0.09800 (gray box) * 🟩 **Resistance Levels:** * \$0.11037 → short-term resistance * \$0.14429 → major breakout target * \$0.19350 → extended resistance zone --- ### 🔍 **Chart Insights:** 1. **Falling Wedge Formation** A visible falling wedge (marked by dashed trendlines) typically signals a **potential bullish reversal**. Price is currently near the lower end of the pattern. 2. **Projected Scenarios (Red Arrows):** * 🔁 **Scenario A:** Retest of the **support zone (\$0.090–\$0.098)** before a possible bounce. * 🚀 **Scenario B:** Immediate breakout from \$0.110 → rally toward \$0.144 if bulls step in strongly. 3. **Key Confirmation Levels:** * Holding above \$0.098 = Bullish interest. * Break and close above \$0.110 = Momentum shift. * Below \$0.090 = Breakdown risk increases. --- 📌 **Conclusion:** Market is in a **make-or-break zone**. Structure favors a rebound if buyers protect the demand area, but confirmation via volume or a bullish candle close is crucial. --- ⚠️ **Disclaimer:** *This analysis is for educational and informational purposes only. It is **not financial advice**. Always conduct your own research and use proper risk management before making any trading decisions.*