๐ Paradisers, turn your attention to LUNCUSDT as it showcases a compelling performance in the demand zone, signaling a strong likelihood of breaking through its resistance level for an upward trend.
๐ Reflecting on its past behavior, LUNCUSDT has a consistent record of surmounting its descending trendline, leading to bullish movements. Currently, after facing a rejection at the resistance level of .9673, the odds are tilting in favor of a resistance breach. This is further bolstered by its recent sweep of buying liquidity, reinforcing its position in the demand zone and the potential for continued upward momentum.
๐ However, should LUNCUSDT falter in maintaining this upward trajectory and descend below the demand level of .7806, a bullish strategy from the support level may come into play. A break below this threshold could pave the way for short-selling opportunities.
๐ Reflecting on its past behavior, LUNCUSDT has a consistent record of surmounting its descending trendline, leading to bullish movements. Currently, after facing a rejection at the resistance level of .9673, the odds are tilting in favor of a resistance breach. This is further bolstered by its recent sweep of buying liquidity, reinforcing its position in the demand zone and the potential for continued upward momentum.
๐ However, should LUNCUSDT falter in maintaining this upward trajectory and descend below the demand level of .7806, a bullish strategy from the support level may come into play. A break below this threshold could pave the way for short-selling opportunities.
Trade closed: target reached
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE๐ t.me/+QwK2mkoTGBU0Nzc0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE๐ t.me/+QwK2mkoTGBU0Nzc0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ 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.