Yello, Paradisers! Is #CKB on the verge of a major breakout, or is a pullback looming? Let's dive into the latest analysis of #NervosNetwork and see what's happening:
đ#CKBUSDT is showing strong potential for a bullish continuation as it hovers above a critical demand zone at $0.0079. We've been keeping a close eye on #NervosNetwork as it navigates through a falling wedge patternâa formation that typically signals an imminent breakout. The next target in sight? The internal minor resistance at $0.0135.
đIf #CKB holds firm at this resistance, we could be on the brink of a substantial bullish rally, echoing previous powerful market moves. A successful breakout above the key resistance at $0.0135 could open the floodgates, pushing towards higher resistance zones and possibly propelling us even further.
đBut here's where caution is key: if the momentum falters at this critical demand zone, we might witness a pullback to the lower demand area, ranging between $0.0059 - $0.0066.
đStay sharp and monitor the CKB price action closely. A daily close below this demand area could invalidate the bullish scenario and set the stage for further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the successđŽ
