๐ Paradisers, #HOTUSDT has broken out of resistance, which may now act as support.
๐If #HOTUSDT demonstrates CHoCH after taking support from this level, it could signal a bullish move, possibly indicating an attempt to attract external liquidity.
๐In the event of a breakdown below this support, we may anticipate a bounce from the bullish Order Block (OB). However, confirmation with CHoCH at this level is essential.
๐Nevertheless, if the price breaks down below the bullish OB without any confirmation, it might be prudent to refrain from trading until clearer price action emerges.
MyCryptoParadise
iFeel the success๐ด
๐If #HOTUSDT demonstrates CHoCH after taking support from this level, it could signal a bullish move, possibly indicating an attempt to attract external liquidity.
๐In the event of a breakdown below this support, we may anticipate a bounce from the bullish Order Block (OB). However, confirmation with CHoCH at this level is essential.
๐Nevertheless, if the price breaks down below the bullish OB without any confirmation, it might be prudent to refrain from trading until clearer price action emerges.
MyCryptoParadise
iFeel the success๐ด
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