๐ Paradisers, the #ANKRUSDT pair has captured our attention with its intriguing dynamics. Currently, it hovers near a crucial demand zone, hinting at a high probability of a bullish trajectory.
๐ Recent Developments: #ANKR diligently traces both high and low trajectories. Weโve identified an SPA pattern formation since the price broke the previous low, and thereโs a likelihood of retracing back to fill the gap above. If the price sustains momentum at the $0.03777 level, it raises the probability of bullish horizons targeting the MTF resistance level.
๐ However, should #ANKR lose this momentum, we can anticipate a bullish rebound from the MTF support at $0.03226. The juicy liquidity at this level further strengthens the bullish scenario. Be aware that breaking below this demand level might signal a bearish downturn.
๐ As newcomers may be tempted to go long, itโs essential to stay vigilant and anticipate market movements. Being one step ahead can make all the difference!
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