Nctusd is demonstrating a potential cup and handle formation, with the cup formation already completed. Currently, the price is retracing to form the handle phase, which we anticipate will conclude around our identified buy-back zone.
Our plan entails accumulating positions within this zone, with a primary focus on the larger setup target outlined on the chart. It's imperative to exercise prudent risk management practices when considering this trade.
Additionally, we encourage active participation by sharing your insights and opinions on this coin for further analysis and discussion.