Technical analysis by weslad about Symbol BOSON: Buy recommendation (12/18/2024)

Bosonusdt has successfully broken out of a falling wedge formation, which is typically a bullish signal. Following this breakout, the price has demonstrated potential stability, suggesting that it may be poised for a fresh impulsive move upward. The plan is to focus on the re-accumulation area for potential buying opportunities, while also keeping an eye on the target areas indicated on the chart for strategic exits. As the situation develops, further updates will be provided to refine trading strategies and capitalize on market movements.The key level to watch is the double bottom support—if price holds, we can expect the upside momentum to continue. However, failure to hold will likely push the coin toward the critical demand zone highlighted on the chart.