๐AERGOUSDT is currently showcasing dynamic market movements, poised on the cusp of breaking free from its descending channel pattern.
๐At the moment, #Aergo is undergoing sideways consolidation within a demand zone, which used to be a supply area. There's a significant chance for the price to rebound from this zone and initiate an upward trajectory, aiming for the bearish OB area as its forthcoming milestone.
๐If AERGO does not manage to rebound and instead dips below the demand zone, it might withdraw to the Bullish OB area, situated around the $0.122 mark, in search of fresh impetus for an ascent.
๐The Bullish OB area has historically been a catalyst for notable recoveries upon its examination. Yet, a failure of this zone, substantiating a bearish trend, could lead AERGO to seek bullish signals from an even lower stance.
๐In the event AERGO doesn't leverage upward momentum from this subsequent level, it would likely sustain its descent. Rest assured, we're here to assist you in navigating through these market shifts.