💎 AI has recently exhibited significant market dynamics, currently undergoing a retesting phase at the support level, which previously acted as resistance before a successful breakout.
💎 If AI manages to bounce from this support level, it could signal a continuation of the upward movement, probability leading to a test of the all-time high (ATH) on the Binance exchange and even the formation of new ATHs.
💎 However, if AI fails to bounce from the support level and instead breaks down below it, this could indicate a false breakout scenario. In such a case, the price may retreat to the demand area for a new momentum.
💎 At the demand area, it's crucial for AI to bounce and reclaim the price above the support level before resuming the upward movement. Failure to do so, resulting in a breakdown below the demand area, could signal further downward movement for the price.
💎 If AI manages to bounce from this support level, it could signal a continuation of the upward movement, probability leading to a test of the all-time high (ATH) on the Binance exchange and even the formation of new ATHs.
💎 However, if AI fails to bounce from the support level and instead breaks down below it, this could indicate a false breakout scenario. In such a case, the price may retreat to the demand area for a new momentum.
💎 At the demand area, it's crucial for AI to bounce and reclaim the price above the support level before resuming the upward movement. Failure to do so, resulting in a breakdown below the demand area, could signal further downward movement for the price.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.