➡️ Assess by asset #LDO at 4h TF
On the graph, we see that over the past 12 hours the price is moving in a narrow range, and is currently trading near $ 0.9453
🐂 bull scenario:
A breakdown with a higher level of the resistance of $ 0.96 will become a signal to complete the correction from the beginning of August and the renewal of the ascending movement. After that, the path will open to the zone $ 0.98 - $ 1. Further, overcoming strong resistance $ 1.04 - will signal the continuation of growth and will open the way to new maximums, the closest strong maxim of which is at $ 1.12
🐻 Bear script:
If the situation in the market worsens and the negative external pressure will continue, then the price can be lowered to the support of $ 0.89, the breakdown of which will confirm the bear pressure and can provoke an accelerated outflow. After this, the next strong zone will be at least the beginning of August $ 0.86
Post #1962
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Forwarded from SUPREME VIP SCALPING SESSIONS GROUP
