BONDUSDT Break Out or Break Down? Crucial Levels to Watch Now!Yello, Paradisers! Are you prepared for #BONDUSDT's potential breakout? This analysis will keep you on the edge of your seat!
💎#BOND has shown a price rebound from the demand zone and is attempting to break out of the descending resistance. A successful breakout of this resistance could be a positive sign for the next movement of BOND.
💎However, for a shift to a bullish trend, the price needs to break through the supply zone around the 2.8 area. If this happens, there's a high probability that the price will move significantly upward, possibly reaching our target resistance and the strong resistance area.
💎On the flip side, if BOND fails to break out of the descending resistance and gets rejected, the price will likely move downward and revisit the demand area.
💎The demand area at 1.88 is a crucial level for BOND. It needs to rebound and attempt to break out of the descending resistance again. But if BOND fails to rebound and breaks through the demand area, the bullish scenario will be invalidated, and the price could dip further.
If you want to be consistently profitable, you need to be extremely patient and always wait for the best, highest probability trading opportunities. Stay focused, patient, and disciplined, Paradisers.
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Bondusdtsignal
BOND/USDT Break alert! Indicating continue the upward movement!💎 BOND has recently experienced significant market dynamics. After successfully breaking out of the resistance area, BOND is currently undergoing a retesting phase.
💎 If BOND manages to bounce from this retest and find support, there's potential for the price to continue its upward movement towards our target area.
💎 However, if BOND fails to find support and breaks below the retesting level, the next downward target lies at the demand area of around $4.3.
💎 BOND must bounce from the demand area and reclaim the price above the support level at $5.1 to maintain its upward momentum. Failure to do so could result in continued downward movement for BOND.