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MyCryptoParadise_Nathan
Mar 8, 2024 5:11 PM

AMB/USDT Rejected on the supply, Could AMB breakout the area? 

AirDAO / TetherUSBinance

Description

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💎 AMB has recently demonstrated significant market dynamics. After encountering rejection upon reaching the Bearish OB area, AMB retraced back to the demand area in preparation for a potential breakout.

💎 If AMB successfully breaks out above the Bearish OB area, it could indicate a continuation of the upward movement, with the probability for the price to reach our target area.

💎 However, if AMB fails to break out shortly, there is a possibility of the price returning to the demand area.

💎 The situation worsens if AMB breaks down below the demand area, as this would signal a shift back to a downward trajectory. In such a scenario, the price may decline further towards the support area or even lower levels.
Comments
LegionQ8
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Hmm... I think price can continue go down to support level
MyCryptoParadise_Nathan
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@LegionQ8, lets see
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