RIOUSDT appears to have completed wave 3 and has since entered a corrective phase, with price approaching a strong support zone that serves as a key buyback area. This level previously acted as strong resistance and is now holding as major support, making it a critical zone to watch for potential reversal.
If price maintains above this level, a bullish reaction could follow, aligning with the projected setup target. However, if this support fails and price breaks through, the focus should shift to re-accumulation at the secondary buyback zone before any potential recovery. The expected target zone is outlined on the chart, reflecting mid-to-long-term projections.
Market structure remains key, and how price reacts at these levels will determine the next major move. What are your thoughts on this setup?
If price maintains above this level, a bullish reaction could follow, aligning with the projected setup target. However, if this support fails and price breaks through, the focus should shift to re-accumulation at the secondary buyback zone before any potential recovery. The expected target zone is outlined on the chart, reflecting mid-to-long-term projections.
Market structure remains key, and how price reacts at these levels will determine the next major move. What are your thoughts on this setup?
Giao dịch đang hoạt động
Immediate buy back zone failed, so our attention shifted to the secondary buyback zone as the major demand area.Ghi chú
We pay close attention on the secondary buy back zone
Ghi chú
The secondary buy back zone holding firm and already set the base for the immediate impulsive rally.Ghi chú
The secondary demand area holding fine
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Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.