OCEANUSDT on daily support, likely to head to weekly resistance

2023年5月24日

The price is currently at daily support. This makes a long favorable here towards the weekly resistance. The price might dip further into daily support zone, but a short in any way is not favorable from probability point of view.

2023年5月29日

交易結束：目標達成

This played out pretty well. The price moved up from the support and hit the resistance zone as marked on the chart. The weekly resistance did its job and sent the price back down. This concludes this idea and will look for a new setup in a separate post.