MyCryptoParadise_Nathan

KEY/USDT Break Alert!! Price will retesting and continue Upward!

BINANCE:KEYUSDT   Selfkey / TetherUS
πŸ’Ž KEY has recently displayed notable market dynamics. Currently, KEY has broken out of the resistance with significant volume and a strong candle.

πŸ’Ž However, the price needs to undergo a retesting phase first at the support level, which was previously acting as resistance, before continuing its upward movement, probability reaching our target strong resistance area.

πŸ’Ž Upon reaching the support area, it is essential for KEY to bounce. Failure to do so, or a breakdown below the support, could signal a false breakout, resulting in a reversal of the upward movement. In such a scenario, the price may retreat to the demand area or the Bullish OB area.

πŸ’Ž It is crucial for KEY to bounce at both the support and Bullish OB areas to maintain its upward momentum and adhere to the plan. However, if KEY breaks down below the Bullish OB area, the downward movement may persist, leading to further declines.

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