#UNFI has returned to the resistance level of $4.8-$5.9.
The price should break out of the descending channel and trade above $6.660 level to start another uptrend.
If this time the price reacts to this level and can not cross it and break out the dynamic support, it will drop to the support level of $2.5 -$3.0 .
🎓 @Bluebitcoins
The price should break out of the descending channel and trade above $6.660 level to start another uptrend.
If this time the price reacts to this level and can not cross it and break out the dynamic support, it will drop to the support level of $2.5 -$3.0 .
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After breaking the dynamic support and reaching the resistance level of $4.800-$5.900 dollars, #UNFI fell to the support level of $2.500-$3.000 , in the current scenario, we can expect the price to return to the ceiling of the descending channel.
if #UNFIUSDT fails to bounce back from this zone The next level we’re watching is $1.500. Historically, this has been a stronghold for UNFI , with a high probability of a rebound.
However, the stakes are high. If UNFI breaks below these key support levels, we might see the bears seize control, leading to a potential bearish continuation.
if #UNFIUSDT fails to bounce back from this zone The next level we’re watching is $1.500. Historically, this has been a stronghold for UNFI , with a high probability of a rebound.
However, the stakes are high. If UNFI breaks below these key support levels, we might see the bears seize control, leading to a potential bearish continuation.