π Paradisers, prepare for a compelling phase in #KMD's market progression, signaling a potential bullish rise from its current demand zone.
π After encountering resistance at the significant supply zone of $0.32, Komodo has notably navigated through the buy-side liquidity. This activity foreshadows the possibility of a short downturn before a bullish recovery from the key demand zone at $0.215. If KMD gathers sufficient bullish momentum at this juncture, we could see an assertive advance towards, and potentially through, the substantial supply zone above.
π In the dynamic and ever-changing crypto market, a flexible and proactive strategy is essential. If #KMD meets challenges in securing its position within this important support zone, a quick and strategic shift might be the path to success.
π In this alternative scenario, we would pivot to our Plan B: considering a bullish progression from a lower demand level at $0.18. This level becomes crucial for observation, as breaching it could indicate early signs of a transition to a bearish phase in #KMD's market journey.
π Stay alert and strategically poised, Paradisers. Your ParadiseTeam is here to provide you with up-to-date insights and strategic approaches, ensuring you're well-equipped to navigate these market changes effectively.