KLAY/USDT Break Alert, Bullish Momentum ?? Klay Analysis Today 💎 KLAY is undeniably on our radar. Having broken out of its descending channel pattern, KLAY currently faces resistance at the $0.1235 mark. There's a likelihood that KLAY might retreat to retest the nearby demand zone ranging from $0.119 to $0.12.
💎 Interestingly, this was once a supply zone, but KLAY's successful breach has transformed it into a demand area. Within this zone, it's crucial for KLAY to exhibit a strong bounce, setting the stage for another attempt to overcome the resistance.
💎 Should KLAY manage to break this resistance promptly, we could witness a pronounced upward trajectory, possibly reaching the next supply zone.
💎 However, if KLAY struggles to maintain its position within the demand zone, it might descend to the $0.116 area, another demand zone. A failure to hold ground here could further push KLAY towards a critical support level.
