OCEAN/USDT Current lying on the support area. Bounce or Down ??

💎 OCEAN has notably made its presence felt in the cryptocurrency market, especially with its current positioning at critical bullish trendline support. For OCEAN to maintain its bullish momentum, it's essential that it bounces off this support and makes another attempt to breach the resistance level at $0.567.

💎 A successful breakout above this resistance could pave the way for OCEAN to advance towards a more formidable resistance area, probability signifying continued upward movement.

💎 However, if OCEAN struggles to rebound from its current support, there's a risk of losing this crucial bullish trendline. Should it fail to sustain this support or even break below it, OCEAN may find its next crucial juncture at the Bullish OB area.

💎 The Bullish OB zone is a pivotal support area for OCEAN. If OCEAN is unable to generate a bounce from this level and surpass the aforementioned resistance, it could be indicative of a bearish turn. A failure to uphold the Bullish OB area could lead to a further downward trajectory, potentially driving OCEAN back to a strong demand area.

Trade closed: target reached:

Boom! #OCEAN is doing just what we said. Up 155.55% and looking good!