MyCryptoParadise_Nathan

CKB/USDT in the support area, possible to bounce and back upward

BINANCE:CKBUSDT   CKB / TetherUS
💎 Paradisers, the recent market dynamics surrounding #CKB have indeed been noteworthy.

💎 Currently, CKB is hovering around the support zone area, and based on the candlestick patterns, there's potential for a bounce.

💎 If this bounce materializes, CKB could retest the resistance around the 0.0255 area. A successful breakout above this level could propel CKB towards our target strong resistance area.

💎 However, if CKB fails to bounce and breaks down below the support area, it could signal a bearish trend reversal, potentially leading the price to move downward towards the Bullish OB area.

💎 In the Bullish OB area, CKB must bounce back and reclaim the price above the support to maintain its upward momentum towards our target. Failure to do so, with a breakdown below the OB area, could lead to further downward movement.

MyCryptoParadise
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