OCEAN/USDT Breaking out Resistance, Bullish Momentum ???
💎 OCEAN has undeniably captured significant attention in the market. Breaking out from the strong resistance area, it is currently undergoing a valid retesting phase at the support level, which was previously a resistance.
💎 There is a probability of continued upward movement towards the major supply level area. However, if OCEAN retraces to the support area and loses this support, it could signify a false breakout. In such a scenario, there's potential for a return to the demand area at $0.357.
💎 The demand area is crucial, necessitating a bounce to reclaim it. Failure to do so may result in a loss of demand, prompting OCEAN to revert to the strong demand area.
💎 There is a probability of continued upward movement towards the major supply level area. However, if OCEAN retraces to the support area and loses this support, it could signify a false breakout. In such a scenario, there's potential for a return to the demand area at $0.357.
💎 The demand area is crucial, necessitating a bounce to reclaim it. Failure to do so may result in a loss of demand, prompting OCEAN to revert to the strong demand area.
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