💎 SSV has been drawing considerable attention in the market, recently achieving a breakthrough past a key resistance area. It's now undergoing a retesting phase at what was previously a resistance zone, now turned support.
💎 This retesting phase could be pivotal for SSV, as a successful completion may lead to significant upward movement, with the next milestone probability being our target in the Bearish OB area.
💎 During this crucial retesting phase, it's important for SSV to show a robust bounce from the demand area to mitigate the risk of a false breakout. If SSV fails to rebound and closes below the demand level, it could indicate a false breakout. In such a scenario, there's a likelihood of SSV reverting to a downward trend, potentially moving towards a lower demand area, or even further down back to the bullish OB area.
💎 This retesting phase could be pivotal for SSV, as a successful completion may lead to significant upward movement, with the next milestone probability being our target in the Bearish OB area.
💎 During this crucial retesting phase, it's important for SSV to show a robust bounce from the demand area to mitigate the risk of a false breakout. If SSV fails to rebound and closes below the demand level, it could indicate a false breakout. In such a scenario, there's a likelihood of SSV reverting to a downward trend, potentially moving towards a lower demand area, or even further down back to the bullish OB area.
Trade closed: target reached
Nailed it again - #SSV is up 92.15%, right on cue!
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Do you Want to start trading like a PRO?
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
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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.