💎 KEY has recently exhibited notable market dynamics, currently undergoing a retesting phase at the support level which previously acted as resistance. This retest is crucial for maintaining upward momentum and potentially reaching our target resistance area.
💎 However, if KEY fails to bounce from this support level and even breaks down below it, it could signal a false breakout and a reversal of the upward trend. In such a scenario, the price may retreat towards the demand area or the Bullish OB zone.
💎 It's important to note that KEY needs to successfully bounce from these key levels and reclaim the resistance areas to sustain the upward trajectory.
💎 Failure to do so, especially if the Bullish OB area is breached, may result in continued downward movement, potentially leading to further declines.
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