BOND/USDT Keep an eye on the support!! Potential strong bounce.

💎 BOND has recently shown notable market dynamics, experiencing rejection at the supply level.

💎 There's a possibility that the price will undergo a retesting phase, initially targeting the support level around 3.51. If successful, a bounce from this support could propel the price higher, aiming to revisit the supply area once again.

💎 However, if BOND fails to find support at the aforementioned level and breaks down below it, the price may retreat further towards the 4-hour demand area to gather new momentum.

💎 The demand area holds significance, as it typically serves as a level for potential price rebounds. Yet, if BOND fails to bounce from this demand zone and breaches it, it could indicate further downward movement, potentially leading to additional declines.