MyCryptoParadise_Simon

LEVER/USDT Undergoing a Retracement | 👀🚀 What's Next?

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BINANCE:LEVERUSDT   LEVER / TetherUS
💎 Paradisers, focus your attention on #LEVERUSDT, as it’s making significant moves in the market. The asset is showing considerable potential for an upward trend from its current demand zone.

💎 Delving into the recent trends of #LeverFi, there's a noticeable downward pattern. Having met resistance at $0.0027 and then retracing, LEVER is now setting up for a potential bullish rise from the demand zone at $0.00119. If LEVER can sustain its level above this zone, it may target the next major supply level at $0.0030.

💎 However, given the fluctuating nature of the crypto market, #LEVER traders need to be prepared for a range of possibilities. If LEVER faces a challenge in maintaining its momentum at this demand level, it might be wise to prepare for a bullish resurgence from a lower support level at $0.00093.

💎 A drop below this secondary support level would necessitate a reevaluation of trading strategies, potentially signaling difficulties in sustaining a bullish market trend.

💎 Stay vigilant and adaptable, Paradisers. Your ParadiseTeam is committed to providing you with the most current insights and strategic approaches, ensuring you are fully equipped to navigate these market shifts effectively.

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