MyCryptoParadise

BLZ/USDT Facing on the key resistance area. Could Breakout ??

BINANCE:BLZUSDT   Bluzelle / TetherUS
πŸ’Ž BLZ has recently exhibited significant market dynamics, encountering a key resistance area.

πŸ’Ž A successful breakout from this resistance could ignite a bullish momentum, probability leading to significant upward movement and reaching our target area.

πŸ’Ž However, if BLZ fails to break above this resistance level, the price may face rejection and subsequently move downward, potentially retracing back to test the demand area to establish new momentum.

πŸ’Ž The demand area is a critical zone, and BLZ needs to bounce from this level and reclaim the price above it. Failure to do so could result in BLZ losing this support level and continuing its downward movement, potentially experiencing further decline.

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