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luigi360swirl
26 Sep 2023 pukul 09.26

AMB approaching a strong resistance level 

AirDAO / TetherUSBinance

Deskripsi

AirDAO AMB price is in pace of approaching a strong resistance. The line is proven its firmness, highlighted in red, the bounce areas dating back to 15th of March of this year, that's past 6 months as of the day of this writing.

In a technical perspective, we could still see a continuation of its bullish trend if we see a resistance breakout and if not, sell on bounce area with confirmation of a breakdown as well. I also made a diagonal support below as a guide. The RSI indicates that the coin price is near oversold.

Happy trading and always plan your trades by putting a take profit and stop loss areas in every position.

Komentar

As of today, the resistance line rejected the price to breakout, but the price is still in an apex, will continue monitoring its movement.
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