Blast Price Prediction: Is BLAST Poised for a Big Breakout?

Consolidation phase could signal an impending breakout

• #Blast ($BLAST) made a notable impression with its debut price movements.

• Following a peak, the price fell, forming a pattern of lower highs and lower lows.

• Since July 8, the price action has stabilized into a consolidation phase, reflecting market indecision.

• The 4-hour chart reveals initial volatility followed by extended consolidation, indicating market anticipation for a new catalyst.

• The $0.015 mark has become a strong support zone, attracting consistent buying interest and halting further declines.

• The $0.020 level acts as a significant resistance, limiting rally attempts and showing considerable selling pressure.

• According to Coingabbar analysis, Breaking through the $0.020 resistance could indicate a bullish trend.

• If the $0.015 support fails, a deeper correction towards $0.010 may occur.

KEY LEVELS :

RESISTANCE LEVEL : $0.020000-$0.023000

SUPPORT LEVEL : $0.012500-$0.010000

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