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.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.