💎BAND has recently demonstrated noteworthy market dynamics, with significant upward movement facing resistance at the bearish OB and supply area.
💎 If BAND successfully breaks out above this supply zone, it could signal a bullish momentum, probability leading to significant upward movement and reaching our target strong resistance area.
💎However, if BAND fails to break above the supply zone, the price may face rejection and retreat downward, possibly revisiting the Bullish OB around 1.83 to gather new momentum.
💎It's essential for the price to bounce from the Bullish OB area if it aims to resume its upward trajectory. Failure to bounce, or worse, a breakdown below the demand area, would be concerning signs indicating continued downward movement. In such a scenario, the price might retreat further towards the key support zone or even lower levels.
💎 If BAND successfully breaks out above this supply zone, it could signal a bullish momentum, probability leading to significant upward movement and reaching our target strong resistance area.
💎However, if BAND fails to break above the supply zone, the price may face rejection and retreat downward, possibly revisiting the Bullish OB around 1.83 to gather new momentum.
💎It's essential for the price to bounce from the Bullish OB area if it aims to resume its upward trajectory. Failure to bounce, or worse, a breakdown below the demand area, would be concerning signs indicating continued downward movement. In such a scenario, the price might retreat further towards the key support zone or even lower levels.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.