Telcoin (TEL) Signals Strong Bullish Trend With 450% Potential Surge

• Telcoin (TEL) signals a bullish trend, forming higher highs/lows with a 450% surge potential per Wyckoff methodology.
• TEL broke key resistance, confirming accumulation and trend reversal. Retracement may offer a prime entry before the next rally.
• Strong buying pressure supports TEL’s bullish momentum. If demand holds, the price could reach $0.04193499 in the next upward move.

JavonMarks reports TEL approaching $0.04193499, the potential for a 450% rise in price. The latest price trends are a reversal pattern, suggesting higher highs and higher lows. The market deviated from being in a downtrend and entered an accumulation zone, later breaking upward. 

Breakout and Bullish Indicators

The price of TEL initially declined before stabilizing at a key support level. This phase marked the beginning of accumulation, where demand overtook supply. Following this, the price structure showed higher highs and higher lows, signaling a trend reversal. Consequently, TEL experienced a breakout, surpassing resistance levels. The presence of "BU" (Backup), "LPS" (Last Point of Support), and "SOS" (Sign of Strength) further confirms bullish strength.

Moreover, the market continues to show consolidation after a sharp rally. The current retracement suggests a short-term correction before the next upward push. With strong accumulation, TEL's structure aligns with Wyckoff’s theory, reinforcing the likelihood of further gains.

Future Projections and Key Levels

Two key resistance levels are marked above the current price, indicating potential supply zones. These levels may serve as key price targets where reactions could occur. If demand sustains momentum, TEL may continue its bullish trajectory towards the projected target of $0.04193499.

Additionally, the overall market structure suggests a strong uptrend. The retracement phase may provide an entry opportunity before the next leg up. TEL remains above previous support levels, confirming the ongoing trend shift. Volume data is not visible, but price movements suggest strong buying pressure. If volume supports this momentum, further upside potential remains viable.

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