💎 SSV has certainly piqued our interest as it maneuvers within a descending channel pattern. Currently positioned at the supply zone, SSV faces the critical task of breaking through this region and the adjacent resistance trendline of the short-term descending channel.
💎 Achieving this would set the stage for a continued ascent toward the more formidable resistance trendline of the broader descending channel. Successfully navigating this challenge probability could propel SSV toward its next targets: the higher supply zone and the bearish OB area.
💎 However, should SSV falter and fail to breach these strategic points, a retreat to the demand zone for a regrouping effort might be on the horizon. Here, a robust bounce is essential for reigniting upward momentum. Conversely, a more ominous scenario unfolds if SSV breaches the demand zone downward, signaling a potential journey back to a significant support area, indicative of a bearish turn.