Hello guys!
OCEAN pumped about 25%, and now it has come close to the extreme dynamic resistance around the 0.2518 price range.
Two support levels are on the way down, which could support and hold the price up.
However, if those two support levels fail, dynamic support will come in handy to save the price.
The price is now inside a resistance level which is substantial since it's right close to the dynamic resistance.
Passing this dynamic resistance level will be considered a start of a breakout for OCEAN.
Let me know what you think. I would love to hear your ideas.
Good luck!
OCEAN pumped about 25%, and now it has come close to the extreme dynamic resistance around the 0.2518 price range.
Two support levels are on the way down, which could support and hold the price up.
However, if those two support levels fail, dynamic support will come in handy to save the price.
The price is now inside a resistance level which is substantial since it's right close to the dynamic resistance.
Passing this dynamic resistance level will be considered a start of a breakout for OCEAN.
Let me know what you think. I would love to hear your ideas.
Good luck!
