MyCryptoParadise_Simon

HIGH/USDT Primed for a Bullish Rally? HIGH Analysis

Long
BINANCE:HIGHUSDT   HIGH / TetherUS
💎Paradisers, let's examine #HIGHUSDT, which is showcasing significant market activity and is on the verge of retesting the ascending channel's support.

💎Currently, #Highstreet is advancing towards the ascending support from within the demand zone. There's a notable chance for the price to rebound from this zone and propel its way upward, aiming for the bearish Order Block (OB) as its next checkpoint.

💎However, if HIGH does not muster the strength to rebound and instead falls beneath the demand zone, we might see a withdrawal to the Bullish OB area around the $1.33 mark, where it could find fresh impetus for another ascent.

💎The Bullish OB zone has historically been a key launchpad for significant market recoveries upon engagement. Yet, a failure to sustain this zone, indicating a shift towards bearish momentum, may necessitate a new bullish course from a further reduced position.

💎In case #HIGH doesn't leverage the momentum from this or any subsequent level, a continued decline may ensue. Rest assured, your ParadiseTeam is on standby, ready to shepherd you through these fluctuating market conditions.
Trade closed: target reached:
Just like clockwork, #High is tracing our forecast, hitting that sweet 62.32% growth mark.
Comment:

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