MyCryptoParadise

FLOW/USDT bullish reversal from demand? 🚀Flow Analysis

Long
BINANCE:FLOWUSDT   FLOW / TetherUS
💎Paradisers, prepare for an exciting opportunity with #FLOWUSDT as it sets up for a bullish reversal from a crucial demand zone.

💎 Observing #FLOW's trajectory, it has been consistently respecting its descending channel, hitting the channel resistance twice. Currently, if the price can maintain its position at the demand level of $0.786, there's a high likelihood of a bullish move. We could be looking at a breakout from the channel, with sustained upward momentum potentially pushing through the critical resistance level at $1.038, before aiming for a major supply zone.

💎 On the flip side, if #FLOW struggles to keep up the momentum at the key demand level of $0.786 and dips below it, this could invalidate the bullish scenario, potentially leading to a significant price drop. Stay vigilant and ready to adapt your strategies based on these movements.

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