ABEO is currently trading at $5.58 and is expected to pull back toward the green zone to retest the previously broken descending trendline and the strong demand area between $4.75 and $5.08.
This zone is considered a key support level, where buying pressure has been historically strong. A successful retest could signal a continuation of the bullish trend.
The medium-term target is the red supply zone between $11.39 and $12.69, which represents the next major resistance area.
✅ Entry Zone: $4.75 – $5.08 (demand zone)
🎯 Target Zone: $11.39 – $12.69 (supply zone)
❌ Stop-Loss: $3.90 (below previous key low and invalidation of structure)
This zone is considered a key support level, where buying pressure has been historically strong. A successful retest could signal a continuation of the bullish trend.
The medium-term target is the red supply zone between $11.39 and $12.69, which represents the next major resistance area.
✅ Entry Zone: $4.75 – $5.08 (demand zone)
🎯 Target Zone: $11.39 – $12.69 (supply zone)
❌ Stop-Loss: $3.90 (below previous key low and invalidation of structure)
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