Core (CORE) Faces Crucial Resistance – Is an Upside Breakout Imminent?

Core (CORE) Price Surge: Core (CORE) has experienced a significant 28% increase in a single day, breaking away from the overall weakness in the altcoin market, indicating potential bullish momentum.

Falling Wedge Pattern: The daily chart shows a falling wedge formation for CORE, suggesting a possible bullish reversal as selling pressure diminishes and buyers have recently defended the lower boundary of the wedge.

Resistance Levels: CORE is currently testing resistance near the 100-day moving average at $0.2676; a successful breakout above this level could lead to a bullish continuation towards a target of approximately $0.5985.

Critical Support Zone: If CORE fails to break through the resistance, the $0.084–$0.10 region will be crucial for bulls to defend in order to maintain the bullish structure and avoid a deeper price retracement.