FARM/USDT { HARVEST FINANCE } - BULLISH SETUP

ANALYSIS 🔎
- FARM/USDT brokeout above the descending trendline resistance, hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- The retracement is resisted by the descending trendline resistance.
- Breakout above the descending trendline resistance could be an uptrend continuation signal.

BUY ENTRY ⬆️
- Conservative entry: breakout above the descending trendline resistance.
- Aggressive entry: the key fibonacci retracement zone (0.5 - 0.618 - 0.786).

TARGETS 🎯
- Horizontal resistance level (@324.9)
- Horizontal resistance level (@386)
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.