Orchid (OXT) is displaying a classic falling wedge pattern in its price chart, signaling an imminent breakout opportunity towards the target of $0.105. This anticipated move could yield nearly a 2x return by midterm. The rising wedge pattern has been developing since late 2024, with price action tightening as it nears its apex. Traders are eyeing this significant point and anticipate a bullish rally if a breakout occurs. If the price breaks above the upper trendline, OXT could surge to $0.105, representing a 91% increase from current levels. This projection is derived from the height of the wedge pattern, commonly used in chart analysis. Analysis from cryptocurrency expert Captain Faibik supports this potential move, highlighting a bullish rally with a 2x gain expected within the next few weeks.