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BOND/USDT Break the Bullish Flag or Fail and Back to demand ??

💎 BOND has certainly caught our eye as it navigates through the Bullish Flag pattern. Presently, BOND is at a critical juncture, confronting the resistance trendline within this Bullish Flag formation. A decisive breakout from this pattern is necessary for BOND to sustain its upward trajectory.
💎 Failure to penetrate this resistance trendline could lead to a setback, prompting BOND to seek reinforcement at the demand zone between $3.578 and $3.32, thereby gathering strength for another upward push. Conversely, a successful breach of the pattern, probability could pave a smooth path for BOND to reach our anticipated targets in the supply zone and the bearish OB region.
💎 However, a less favorable scenario might unfold if BOND, while retesting the demand area, struggles to uphold support, jeopardizing its stability. This inability to maintain its foothold could validate a downward momentum, reverting BOND to a bearish stance. Under these circumstances, BOND might retreat towards the Bullish OB for support or potentially descend further, intensifying the bearish pressure.
💎 Failure to penetrate this resistance trendline could lead to a setback, prompting BOND to seek reinforcement at the demand zone between $3.578 and $3.32, thereby gathering strength for another upward push. Conversely, a successful breach of the pattern, probability could pave a smooth path for BOND to reach our anticipated targets in the supply zone and the bearish OB region.
💎 However, a less favorable scenario might unfold if BOND, while retesting the demand area, struggles to uphold support, jeopardizing its stability. This inability to maintain its foothold could validate a downward momentum, reverting BOND to a bearish stance. Under these circumstances, BOND might retreat towards the Bullish OB for support or potentially descend further, intensifying the bearish pressure.
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.