đź’ŽParadisers, let's dive into the recent market developments for #CPOOLUSDT, which are signaling a significant change.
đź’ŽCurrently, #ClearPool's price is tightly consolidated within a symmetrical triangle, hinting at an imminent breakout. If the breakout is upward, it will indicate a bullish trend reversal, potentially leading to a surge and capture of significant sell-side liquidity.
đź’ŽHowever, if the breakout moves downward and faces rejection at the upper resistance, this would indicate a shift towards a bearish trend, potentially causing the price to revisit key support for renewed bullish momentum.
đź’ŽThe key support zone is critical for CPOOL. If the price maintains this level, it presents a prime buying opportunity, possibly leading to an upward bounce. Should #CPOOL break below this support, the next possible stop is the high-demand area below.
đź’ŽIf it slips below this demand area, it will point to a more extended bearish trend. Stay alert and focused as we watch the changing dynamics in the #CPOOL market.