KEY/USDT Bullish Momentum for KEY, Ready to bounce from the here
đź’Ž KEY has recently exhibited notable market dynamics, currently undergoing a retesting phase at the support level which previously acted as resistance. This retest is crucial for maintaining upward momentum and potentially reaching our target resistance area.
đź’Ž However, if KEY fails to bounce from this support level and even breaks down below it, it could signal a false breakout and a reversal of the upward trend. In such a scenario, the price may retreat towards the demand area or the Bullish OB zone.
đź’Ž It's important to note that KEY needs to successfully bounce from these key levels and reclaim the resistance areas to sustain the upward trajectory.
đź’Ž Failure to do so, especially if the Bullish OB area is breached, may result in continued downward movement, potentially leading to further declines.
đź’Ž However, if KEY fails to bounce from this support level and even breaks down below it, it could signal a false breakout and a reversal of the upward trend. In such a scenario, the price may retreat towards the demand area or the Bullish OB zone.
đź’Ž It's important to note that KEY needs to successfully bounce from these key levels and reclaim the resistance areas to sustain the upward trajectory.
đź’Ž Failure to do so, especially if the Bullish OB area is breached, may result in continued downward movement, potentially leading to further declines.
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