UNFIUSDT is testing the dynamic support

UNFIUSDT is currently testing a dynamic support level at the 4-hour chart after a rebound from the daily demand zone at $4. This indicates that there is buying interest at this level, and if the price manages to hold above the support level, it may continue to rise.
However, there is also a possibility that the price may break below the support level, which could signal a bearish trend. According to Plancton's rules, if the price breaks below the support level, it could create a clear breakout, leading to new short positions until the $4.3 area.
–––––
Follow the Shrimp 🦐
Keep in mind.
However, there is also a possibility that the price may break below the support level, which could signal a bearish trend. According to Plancton's rules, if the price breaks below the support level, it could create a clear breakout, leading to new short positions until the $4.3 area.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
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.
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.