MANA/USDT upward momentum from bullish OB? 👀🚀MANA analysis💎 Paradisers! #MANAUSDT closely as it demonstrates robust signs of a bullish continuation from the Bullish OB.
💎 Observing its recent price movements, EURONEXT:MANA has successfully breached its descending resistance and is now primed for an ascent starting from the Bullish OB at $0.4317. Should this momentum sustain, we anticipate a strong push towards the supply area at $0.5597, though we may see some initial resistance that could trigger a substantial rise.
💎 It's also important to note the reduced intensity of rejections at this OB level, suggesting a weakening of resistance. If this level fails, we are ready to leverage a bullish rebound from the foundational support at $0.3910. The significant liquidity at this level suggests that #MANA could experience a powerful bullish recovery. However, a break below this Order Block might precipitate a considerable drop in price.
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TFUEL/USDT Anticipating a Bullish Turnaround from Key Support? 💎 Paradisers, focus on #TFUELUSDT as it's approaching a pivotal moment. The asset is nearing a retest of a key support level, setting the stage for a potential bullish movement.
💎 Reflecting on #ThetaFuel's recent market behavior, it has demonstrated a pattern of breaking above its descending channel and initiating upward trends. Currently, $TFUEL is revisiting its crucial support at $0.03962. There's optimism for a bullish reversal from this level, especially considering its past resilience at the same support, where it previously made an equal low before rallying.
💎 However, in the often unpredictable world of cryptocurrency, #TFUEL traders must remain prepared for various scenarios. Should It struggle to uphold its bullish trajectory from this key support and lose momentum, pivoting to a contingency plan from the lower support level of $0.03764 will be crucial.
💎 A dip below this secondary support level would signal the need for a tactical shift in strategy. Such a scenario would necessitate a reassessment of the bullish outlook and a recalibration of trading strategies in response to the evolving market dynamics. 🌴💰