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DOCK/USDT Facing on strong supply, Could DOCK Break or rejected?

BINANCE:DOCKUSDT   DOCK / TetherUS
πŸ’Ž DOCK has recently undergone significant developments in the market. Currently, DOCK is encountering a critical strong supply area.

πŸ’Ž About a week ago, DOCK made an ambitious attempt to breach this formidable resistance but faced a robust rejection, resulting in a retracement to the support zone.

πŸ’Ž Presently, it is making another endeavor to overcome this resilient supply barrier, and a successful breakthrough could ignite a bullish wave, propelling the price significantly higher and probability of reaching the formidable resistance area.

πŸ’Ž Nevertheless, should DOCK encounter another setback and exhibit bearish rejection akin to its prior attempt, there is a possibility that the price could revisit the support zone to establish fresh momentum.

πŸ’Ž The support zone holds paramount importance, and a rebound from this level is essential to uphold the bullish outlook. However, if DOCK fails to maintain its position above the support and breaches both the support and its associated trendline, it may trigger a return to a bearish trajectory, leading the price back to the robust support area.

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