MyCryptoParadise_Nathan

ID/USDT In the Key area level. Break the resistance or Rejected

BINANCE:IDUSDT   ID / TetherUS
๐Ÿ’Ž ID has indeed emerged as a standout in the market, showcasing a robust rally from $0.172 and skillfully navigating a breakout from the descending channel pattern. The chart underscores a valid retesting phase, suggesting that ID is poised to sustain its upward momentum. However, a significant hurdle remains, as ID grapples with a formidable resistance areaโ€”a historical point of retreat. Overcoming this barrier is essential for continuing its bullish journey.

๐Ÿ’Ž Should ID falter at this juncture and fail to conquer the resistance, it might retreat to the safety of the demand area, gathering strength for another attempt at ascent. Conversely, a successful breach of the resistance zone, probability could set the stage for a smooth sail towards the next station, notably the supply area.

๐Ÿ’Ž Yet, the market is fickle, and a less optimistic scenario exists. If ID retraces its steps to the demand zone and, crucially, fails to preserve its stance above this crucial support, it could unravel a bearish turn. This downturn would see ID seeking deeper solace, potentially at a lower support level.

๐Ÿ’Ž Here, it would need to muster significant rebound strength or risk a further descent to even more foundational support zones, highlighting the precarious balance between bullish aspirations and bearish realities.
Trading ditutup: target tercapai:
Bingo! #ID is dancing to our tune, up 33.80% just like we predicted.


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