đź’ŽParadisers, let's dive into #AMBUSDT, as it showcases significant market movements with an upcoming retest of the Bullish Order Block (OB) within a descending channel.
đź’ŽCurrently, #AirDAO is on the brink of reevaluating the demand zone following its encounter with the descending channel's resistance. There's a promising chance for the price to spring from this zone, aiming for an ascent with the bearish OB region as its next landmark.
đź’ŽHowever, if AAMB doesn't manage to rally and instead slips below the demand zone, we might see a regression to the Bullish OB vicinity at approximately $0.0073, where it could garner strength for another upward journey.
đź’ŽThe Bullish OB zone has historically been pivotal, reliably initiating significant rebounds upon testing. Yet, if this zone were to falter, solidifying a bearish trend, the price may seek to follow a bullish path from a subordinate position.
đź’ŽIf #AMB does not seize the momentum from this or a further reduced level, a continued decline is anticipated. Rest assured, your Paradise Team is closely observing these shifts, prepared to assist you through these intricate market dynamics.
Trade closed: target reached
Nailed it again - #AMB is up 90.48%, right on cue!
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