MyCryptoParadise

ANKR/USDT upward momentum from demand? ๐Ÿ‘€๐Ÿš€ANKR analysis

Long
BINANCE:ANKRUSDT   Ankr / TetherUS
๐Ÿ’Ž Paradisers! Keep an eye on #ANKRUSDT, as it's showing strong signs of a bullish continuation from its current demand zone.

๐Ÿ’Ž Through careful tracking of its price action, ANKR has broken above its descending resistance and now appears set for an upward trajectory from the demand zone at $0.04704. If this momentum continues, we expect a vigorous bullish drive toward the supply area at $0.05604, although initial resistance might be encountered which could catalyze a significant upward movement.

๐Ÿ’Ž Additionally, it's crucial to observe the diminishing intensity of rejections at this demand level, hinting at a possible easing. Should this level give way, we're positioned to capitalize on a bullish rebound from the lower support at $0.04100. Given the substantial liquidity at this level, #ANKR is poised for a potent bullish recovery. However, a breach below this Order Block could lead to a notable decline in price.

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