This chart provides a XYO Network

This chart provides a XYO Network (XYO/USDT) weekly analysis, showing a significant breakout setup. Here’s the detailed breakdown:

Key Observations
Cup and Handle Formation:

A classic cup and handle pattern has formed, which is a strong bullish continuation signal.
The breakout above the handle’s resistance level confirms upward momentum.
Key Levels:

Support Zone: Around $0.008982, now acting as a base after the breakout.
Targets:
T1: $0.012771 – The first significant resistance zone.
T2: $0.016118 – Mid-term target aligned with historical levels.
T3: $0.018827 – Long-term target with potential for extended gains.