MyCryptoParadise_Simon

MC/USDT bullish ride? 👀 🚀 MC Today analysis

Long
BINANCE:MCUSDT   None
💎Paradisers, direct your attention to MCUSDT, which is currently exhibiting intriguing market behavior with a heightened likelihood of embarking on a bullish trajectory.

💎Historically, MeritCircle managed to breach a descending trendline, subsequently establishing an upward momentum. Presently, it's navigating within a demand zone. Should it surpass the supply threshold at .3870, there's a substantial probability it might approach the anticipated resistance zone.

💎However, if the asset struggles to overcome this supply zone, the bullish momentum might find its genesis at the .3347 demand level. It's noteworthy that, despite a contingent of traders potentially shorting this asset, our analysis leans towards a more optimistic, upward trend.

💎On the flip side, should the asset's price descend below the demand level, there's an increased likelihood of a downward trajectory, potentially extending to a critical support level. As always, prudent decision-making and comprehensive market analysis are paramount
Trade closed: target reached:
💎 Boom! #MCUSDT is doing just what we said. Up 30.68% and looking good
Comment:

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