MyCryptoParadise

KLAY/USDT Break out the key level area. Bullish Momentum ??

BINANCE:KLAYUSDT   KLAY / TetherUS
πŸ’Ž KLAY has recently become a focal point in the market, achieving a breakout from the key supply area, marked by a notable green candle.

πŸ’Ž There's a potential for KLAY to enter a retesting phase around the $0.188 - $1.830 demand zone before it can resume its upward momentum towards our targeted Bullish OB area.

πŸ’Ž However, if KLAY fails to maintain its position above this demand level and breaks down, we might see it descending further to a lower demand zone, located around $0.1590. This area, previously a supply zone, is now critical for KLAY to bounce back and continue its upward journey.

πŸ’Ž A crucial point to observe will be KLAY's behavior at the $0.1590 demand area. If it fails to rebound and breaks through this level, it could signal a loss of demand, potentially shifting KLAY into a bearish trend. This could lead KLAY back down towards a more significant demand area.
Trade closed: target reached:
#KLAY’s 42.98% rise? Called it!


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