OCEAN/USDT ascending trendline bullish ride? 👀🚀OCEAN ANALYSIS

22 במאי

💎 Paradisers, get ready for an enticing opportunity with #OCENUSDT as it consistently follows an ascending trendline, signaling a strong possibility of a bullish move.

💎 Historically, after a break low, we've observed a temporary trend shift. Currently, as the price navigates within the internal supply zone, maintaining its position here could greatly increase the likelihood of reaching our projected resistance levels. Notably, the price is maintaining a strong position above multiple EMAs, which bolsters the potential for an upward movement.

💎 Consider the scenario where the price fails to breach the supply zone and falls below the trendline. In this case, we would pivot to Plan B, anticipating a bullish rebound from a lower level, supported by robust liquidity. This setup increases the chances of a bullish reversal upon retesting this level.

💎 A break below the bullish Order Block (OB) could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines. Stay prepared to adapt your strategies as market conditions evolve.

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