#SUPER HOLDING ITS GROUND AMIDST RECENT BTC REJECTIONS! WHAT'S NEXT?
#SUPER is showing more signs of a bounce to breakout scenario. We have identified the 0.22 and 0.37 as the supports that will possibly hold for the continuation of its rally. Right now, there are many who are uncertain with the current market structure of SUPER. Albeit, as what we have analyzed there are still higher orders awaiting at the support key levels. Those who have awaited the possible rejection of SUPER in order to gain best positions in its price.
The support holding it at 0.55 is considered to be a minor support and we're currently looking at the possibility of the 2 supports below this minor one to hold SUPER. Specifically, we still consider 0.38 as a minor support but 0.23 could hold SUPER for the continuation of its markup phase causing itself to be identified as a major support.
SUPER have the potential to break the 1.61 major resistance and ensure that the other resistances holding it back to be broken causing a possible price surge to happen.
Stay wise, trade cautiously.
