KLAY/USDT Bounce from support, Indicating continue upward move!
💎 KLAY has recently displayed significant market dynamics. Currently, KLAY has bounced off the support area and is now moving upwards to retest the supply area.
💎 Previously, KLAY faced rejection at this level, but if it successfully breaks out this time, it could signal a bullish momentum, probability leading KLAY to reach our target area.
💎 However, if KLAY returns to the support area around $0.267 and fails to bounce, or worse, breaks down below this level, the price may continue to move downwards towards the demand area, which is currently around $0.211 and coincides with the support trendline.
💎 KLAY must bounce from the demand area to maintain its upward trajectory. If KLAY fails to bounce and breaks down below the demand area, particularly below the support trendline, it could signify a bearish momentum, leading to further downward movement in the price.
💎 Previously, KLAY faced rejection at this level, but if it successfully breaks out this time, it could signal a bullish momentum, probability leading KLAY to reach our target area.
💎 However, if KLAY returns to the support area around $0.267 and fails to bounce, or worse, breaks down below this level, the price may continue to move downwards towards the demand area, which is currently around $0.211 and coincides with the support trendline.
💎 KLAY must bounce from the demand area to maintain its upward trajectory. If KLAY fails to bounce and breaks down below the demand area, particularly below the support trendline, it could signify a bearish momentum, leading to further downward movement in the price.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 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.