Hello dear traders and investors of TradingView community!
Having witnessed a remarkable surge in recent weeks, the price of SPACE ID (IDUSDT) embarked on an impressive rally, originating from the accumulation zone established between 0.44 and 0.50 during the initial weeks of April.
Surpassing all expectations, the price soared to reach the remarkable threshold of one dollar by the middle of the month.
Nevertheless, it subsequently encountered a modest setback, retracing to the 50% Fibonacci retracement level.
At present, the price is consolidating, characterized by a period of stability and range-bound trading, potentially paving the way for an anticipated breakout.
Market observers and investors are keenly monitoring the situation, anticipating a potential upward surge from the current level of 0.64 towards the projected target of 0.75.
What are your thoughts on this post? Give it a Boost 🚀 if you agree and leave a comment to share your perspective!
Having witnessed a remarkable surge in recent weeks, the price of SPACE ID (IDUSDT) embarked on an impressive rally, originating from the accumulation zone established between 0.44 and 0.50 during the initial weeks of April.
Surpassing all expectations, the price soared to reach the remarkable threshold of one dollar by the middle of the month.
Nevertheless, it subsequently encountered a modest setback, retracing to the 50% Fibonacci retracement level.
At present, the price is consolidating, characterized by a period of stability and range-bound trading, potentially paving the way for an anticipated breakout.
Market observers and investors are keenly monitoring the situation, anticipating a potential upward surge from the current level of 0.64 towards the projected target of 0.75.
What are your thoughts on this post? Give it a Boost 🚀 if you agree and leave a comment to share your perspective!
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