π HIGH has recently experienced notable market dynamics. Currently, it is confronting resistance in its price trajectory.
π A successful breakthrough of this zone would indicate a confirmation of reclamation and could pave the way for breaching the resistance trendline, probability leading to movement towards our target area.
π However, if HIGH fails to penetrate this resistance and encounters rejection, there is a possibility of a downward movement towards the support trendline.
π The support trendline holds crucial significance, as a breakout above it would signal a bullish trend continuation. Conversely, if the support is breached, it could signify a return to a bearish trend, with the next target being the support area, and there is even potential for further downward movement.
π A successful breakthrough of this zone would indicate a confirmation of reclamation and could pave the way for breaching the resistance trendline, probability leading to movement towards our target area.
π However, if HIGH fails to penetrate this resistance and encounters rejection, there is a possibility of a downward movement towards the support trendline.
π The support trendline holds crucial significance, as a breakout above it would signal a bullish trend continuation. Conversely, if the support is breached, it could signify a return to a bearish trend, with the next target being the support area, and there is even potential for further downward movement.
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