After multiple liquidity moves, we finally saw a breakout. Now that we're in the re-test phase, this is where it gets interesting. We're at a crossroads; if we manage to keep this zone here, we could see a move towards $0.128. But if we struggle, we're looking at a potential downward movement to $0.107 as the market looks to reclaim lower zones. Keep a close eye on this re-test and tell us what you think. Which way are we going?
Swallow Team
Swallow Team
Comment:
As long as we are below those lines, we are good for further downward movement
Although the re-test failed here, as of now, we are looking here more for those 100 and 200 EMAs
As long as we are below those lines, we are good for further downward movement
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The reclaiming of lower zones has started after that nice breakdown