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MyCryptoParadise_Simon
Jan 22, 2024 7:27 AM

REEF/USDT Potential for Next Bull Run?πŸ‘€πŸš€ REEF AnalysisΒ Long

REEF / TetherUSBinance

Description

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πŸ’Ž Paradisers, turn your gaze towards #REEFUSDT, as it's showing potential for a major move from a pivotal demand level.

πŸ’Ž #Reef is charting an upward path, hinting at an imminent bullish breakout from its current demand zone. We anticipate a retest of the demand level at $0.00136, especially with a significant supply zone on the horizon. If #REEF maintains its position above this threshold, it may set the stage for an ascent toward the major supply zone at $0.0023.

πŸ’ŽIf #REEF struggles to stay above the support level, it may signal a time to reassess our trading approach. In such an event, our focus could shift toward initiating a bullish movement from a lower bullish Order Block (OB).

πŸ’ŽMonitoring this level is essential, as falling below it could precipitate a considerable downtrend.

πŸ’ŽStay vigilant and ready to pivot, Paradisers. Your ParadiseTeam is committed to delivering the latest insights and strategic outlooks, ensuring you have the knowledge to adeptly maneuver through these market changes.
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