Will FLUX’s Breakout Retest Signal a Massive Bullish Rally Ahead?

FLUX has escaped from a descending wedge structure and is now testing support, leading to a potential explosive upside continuation.

The 9 and 21 EMA crossover and bullish MACD momentum support a sustained uptrend while the bulls defend the breakout zone.

A successful retest above $0.27 keeps FLUX on track for $0.38, $0.44, and potentially a breakout toward the $0.52 target

FLUX has confirmed a powerful bullish breakout from a descending broadening wedge pattern on the daily chart. The asset is now retesting the breakout zone, a critical moment that could determine whether a major rally ignites

Descending Wedge Breakout Confirms Bullish Momentum

FLUX/USDT has emerged from a textbook Descending Broadening Wedge pattern — a structure often tied to bullish reversals. This pattern forms when volatility expands, with lower highs and lower lows diverging between two trendlines. Recently, FLUX broke above the wedge's upper boundary, signaling the first major bullish move.

Besides that, the price is now retesting the breakout area around $0.25–$0.27. This step is vital. If the price holds above this former resistance turned support, it will strengthen market conviction. Moreover, a bullish daily candle above this zone would affirm the breakout’s legitimacy.

A confirmed bounce could fuel a significant rally. The projected upside target rests near $0.52 — a 141% gain from the breakout zone. Meanwhile, intermediate resistance may emerge at $0.38 and $0.44, but the broader structure favors continued upside movement.

EMAs and MACD Strengthen the Bullish Case

In addition to the wedge breakout, the momentum indicators also confirm the bulls as well. The 9 EMA crossed over the 21 EMA, providing evidence of trend reversal potential. When the EMA crossover occurs with other bullish indicators the crossover can confirm the beginning of a longer lasting uptrend.

SOURCE: Tradingview

The MACD has turned positive. The MACD line in turn is above the signal line, and the histogram becomes green. This confirms growing bullish strength. As long as the price holds above both EMAs, FLUX retains upward momentum.

As of this writing, FLUX traded at $0.2715, up 1.97% on the daily and 15.43% on the weekly. Buyers are coming in with increasingly improving volume, and the EMAs now act as dynamic support.

Moreover, the following short-term resistance appears to be within the price range of between 0.30 and 0.32. In case of breaking through this barrier zone, bulls will probably gain further.

Conclusion

FLUX stands at a critical juncture. A successful retest above $0.27 could lead to a sharp bullish expansion. All key indicators now point to a reversal in favor of the bulls. Traders should watch this zone closely, as it may signal the beginning of a major trend shift.

The post Will FLUX’s Breakout Retest Signal a Massive Bullish Rally Ahead? appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)