MOB has recorded a staggering 540% gain!

27 nov 2022MOB has recorded a staggering 540% gain in the past 24 hours, and today the price rally has continued after a correction. But the price hitting the important resistances of the chart has caused a sharp reduction in buying pressure in the range of $2.44 to $2.70. There are several support ranges for it, which can expect a positive reaction from these levels if the price drops again. The first support is in the range of 1.77 to 1.97 dollars and the second support is in the range of 1.23 to 1.27 dollars.

But on the other hand, the 50% Fibonacci corrective zone is in the range of $1.36 to $1.46, so we can expect a strong reaction from these levels, especially the second and third support levels if the price enters a corrective wave. This may be suitable for review next week. But if the buying pressure increases and the specified resistance is broken, buyers' next target will be $4.43 to $4.70.