ðParadisers, let's zero in on #XDCUSDT, as it's showing potential for a notable move from a vital demand level.
ð#XDCMainnet is on an upward path, indicating a possible bullish breakout from its current demand zone. We're looking at a potential retest of the demand level at $0.043, in anticipation of the major supply zone just ahead. If #XDC holds above this threshold, it might set the stage for an ascent toward the major supply zone at $0.057.
ðHowever, if #XDC encounters difficulty in sustaining its position above the support level, we may need to reassess our trading approach. In such a scenario, we would consider initiating a bullish movement from a lower bullish Order Block (OB).
ðIt's essential to keep a vigilant eye on this level, as a break below it could initiate a substantial bearish trend.
ðStay sharp and flexible, Paradisers. Your ParadiseTeam is on hand to provide the most current insights and strategic outlooks, ensuring you're equipped to adeptly navigate these market developments.