OCEAN/USDT Upward Momentum ?? OCEAN Analysis Today

💎 OCEAN has certainly piqued our curiosity, having successfully broken the descending channel pattern amid substantial buying volume. This was followed by an ideal retesting phase, propelling OCEAN towards the resistance zone.

💎 Should OCEAN fail to secure a breakout above the resistance and establish a higher position, it might retreat for another retest at the demand zone, seeking fresh momentum. Conversely, a successful breach of the resistance barrier, Probability could smooth the path for OCEAN to reach the supply and potentially bearish OB zones with ease.

💎 On the downside, if OCEAN retraces to the demand area and fails to exhibit any bullish rejection or recovery, it could undermine the support zone. This scenario, marked by a breach of the demand zone, would confirm a false breakout. Under these conditions, OCEAN might be poised for a downward journey, revisiting the foundational support levels for further testing.