On the AI16ZUSDT daily chart, price has reached a key resistance line that has historically acted as a barrier for upward momentum. How the market responds here will be pivotal:
Strong rejection could push price into a deeper corrective phase.
Breakout above resistance may signal renewed bullish momentum and potential upside targets.
Traders should watch candlestick formations, volume, and momentum indicators around this resistance zone to gauge the next move accurately.
Price for AI16ZUSDT reacted strongly at the highlighted resistance zone, resulting in nearly 40% correction from that level. 🤯
Let's see if market makers will follow the rest of this readmap or not? 🥸
rice lost its value for more than 90% since touching the top supply zone we had highlighted for you in our previous chart and went straight to the bottom our support zone as well. ✔️
Now with this correctional ABC wave out of the picture, it seems prce is ready for a bounce up to revisit higher resistant zones one more time. 🔜
