MyCryptoParadise

SUPPER/USDT descending trendline what next? πŸ‘€πŸš€

Long
BINANCE:SUPERUSDT   SUPER / TetherUS
πŸ’Ž Paradisers, prepare for an enticing opportunity with #SUPERUSDT as it navigates a descending trendline. A breakout upwards could herald a significant bullish rally.

πŸ’Ž Currently, the price is trading in a demand zone at $0.9187, increasing the likelihood of an upward breakout. Once the price successfully breaks out, we may consider trading at the retest phase, as this provides an excellent chance to confirm bullish momentum. If #SUPER maintains its momentum at this demand level and continues to ascend, the next target could be within the resistance zone specified in our target range.

πŸ’Ž However, if #SUPER fails to sustain its position in the demand zone and drops below the $0.9187 area, it could suggest a weakening of the bullish trend. Under such circumstances, the price might retreat further toward the next critical support level at around $0.8190.

πŸ’Ž Should #SUPER struggle to rebound convincingly from $0.8190 and exhibit declining volume, it could signal a breakdown in bullish momentum. A decisive closure below this support area would raise concerns about the bullish scenario and could initiate a more pronounced bearish phase.

MyCryptoParadise
iFeel the success🌴

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

Join FREEπŸ‘‰ t.me/+QwK2mkoTGBU0Nzc0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.