ID/USDT In the Key area level. Break the resistance or Rejected

💎 ID has indeed emerged as a standout in the market, showcasing a robust rally from $0.172 and skillfully navigating a breakout from the descending channel pattern. The chart underscores a valid retesting phase, suggesting that ID is poised to sustain its upward momentum. However, a significant hurdle remains, as ID grapples with a formidable resistance area—a historical point of retreat. Overcoming this barrier is essential for continuing its bullish journey.

💎 Should ID falter at this juncture and fail to conquer the resistance, it might retreat to the safety of the demand area, gathering strength for another attempt at ascent. Conversely, a successful breach of the resistance zone, probability could set the stage for a smooth sail towards the next station, notably the supply area.

💎 Yet, the market is fickle, and a less optimistic scenario exists. If ID retraces its steps to the demand zone and, crucially, fails to preserve its stance above this crucial support, it could unravel a bearish turn. This downturn would see ID seeking deeper solace, potentially at a lower support level.

💎 Here, it would need to muster significant rebound strength or risk a further descent to even more foundational support zones, highlighting the precarious balance between bullish aspirations and bearish realities.

Trade closed: target reached:

Bingo! #ID is dancing to our tune, up 33.80% just like we predicted.