Token

Fuel

bullish

Linea

<ul class="wp-block-list">
 <li>$FOXY breaks key resistance at $0.010213, signaling renewed bullish momentum and potential for higher gains ahead.</li>  
 <li>Analyst Miles Deutscher highlights $FOXY’s breakout, with rumors of Linea token driving market excitement.</li>  
 <li>The 16.56% surge above $0.010213 indicates a strong recovery and suggests the $0.016 resistance level is the next target.</li> 
</ul>  
<p>Foxy token ($FOXY) has recently experienced a breakout, pushing above critical resistance levels. Analyst Miles Deutscher highlighted the ongoing strength in the token’s price action, which has surged after breaking past the $0.010213 mark.&nbsp;</p>  
<p>Despite the market cap of just $35 million, the token is catching attention as a major resistance zone is broken. Furthermore, rumors of a <a href="https://airdrops.io/linea/#:~:text=Linea%20will%20soon%20be%20airdropping,for%20three%20on%2Dchain%20quests." target="_blank" rel="noopener noreferrer nofollow">potential Linea token announcement</a> are adding fuel to the growing excitement.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/milesdeutscher/status/1855464842620260464
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-foxy-token-breaks-through-resistance-levels">FOXY Token Breaks Through Resistance Levels</h2>  
<p>The provided chart reveals the daily price movement of $FOXY/USDT on the Bybit exchange. Initially, the price saw early fluctuations, dipping to $0.010478 before experiencing a rapid rise, peaking near $0.034.</p>  
<p>However, this sharp increase was followed by a retracement back to $0.010. From June to September, the price remained in a consolidation phase. During this period, it struggled to<a href="https://cryptonewsland.com/chart-patterns-and-on-chain-metrics-signal-a-rally/" target="_blank" rel="noopener noreferrer nofollow"> break the resistance levels</a> at $0.022 and $0.016, which acted as solid barriers.</p>  
<h2 class="wp-block-heading" id="h-a-shift-toward-bullish-sentiment">A Shift Toward Bullish Sentiment</h2>  
<p>Between late August and early September, $FOXY began to show signs of strength, forming a rounding bottom pattern. This shift signaled a transition from bearish to more neutral, even bullish, sentiment. Prices started moving upwards from a low of $0.006, eventually reaching the crucial $0.012 resistance point in early November. This level had been tested several times before, and its successful break marked a pivotal moment.</p>  
<p>Moreover, the <a href="https://x.com/milesdeutscher/status/1835706631201665283" target="_blank" rel="noopener noreferrer nofollow">breakout</a> above $0.010213 led to a sharp 16.56% price increase, reflecting the market’s renewed interest and buying power. The pattern of higher highs and higher lows following this breakout shows sustained momentum and indicates that $FOXY could aim for higher resistance zones in the near future.</p>  
<h2 class="wp-block-heading" id="h-key-resistance-and-support-levels-to-watch">Key Resistance and Support Levels to Watch</h2>  
<p>Looking at the key support and resistance zones, $0.022 and $0.016 remain significant resistance levels, while $0.010213 serves as critical support. The latest breakout indicates that the $0.016 resistance level would be the next target. Traders will keep a careful eye on these crucial levels as the price continues to rise in order to spot any possible pullbacks or additional positive momentum.</p> 
<p>The post <a href="https://cryptonewsland.com/miles-deutscher-highlights-foxys-surge-rumors-of-linea-token-fuel-excitement/" rel="noopener noreferrer nofollow">Miles Deutscher Highlights $FOXY’s Surge, Rumors of Linea Token Fuel Excitement</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Miles Deutscher Highlights $FOXY’s Surge, Rumors of Linea Token Fuel Excitement

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