๐HIGH has recently displayed noteworthy market dynamics, currently facing resistance at the bearish OB and supply area.
๐ A successful breakout above this supply zone could initiate a bullish momentum, probability leading to a significant upward movement toward our target area.
๐ However, if HIGH fails to break above the supply zone, it may face rejection and retreat downward toward the demand area to gather new momentum.
๐ The price needs to bounce off the demand area if it intends to resume its upward trajectory. Failure to bounce or a breakdown below the demand area could signal further downward movement, confirming a bearish trend for HIGH.
๐ A successful breakout above this supply zone could initiate a bullish momentum, probability leading to a significant upward movement toward our target area.
๐ However, if HIGH fails to break above the supply zone, it may face rejection and retreat downward toward the demand area to gather new momentum.
๐ The price needs to bounce off the demand area if it intends to resume its upward trajectory. Failure to bounce or a breakdown below the demand area could signal further downward movement, confirming a bearish trend for HIGH.
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Follow a team of traders with 10+ years of experience?
JOIN FREE๐ t.me/+IaNzEzXsdiBlNDg0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV