ID/USDT Keep an eye on the support or demand, Indicating Bounce!

💎 ID has recently encountered significant market dynamics, particularly as it lies on a support area requiring a bounce to sustain its upward movement.

💎 A successful bounce from this support could signal a continuation of the upward trend, potentially leading to a retest of the strong resistance area.

💎 However, if ID fails to bounce from the support and breaks down below it, this could indicate a bearish sign. In such a scenario, ID may lose support and continue downward, potentially reaching the demand area around $0.8 - $0.7.

💎 At the demand area, it's crucial for ID to bounce and reclaim the price above the support area to maintain the upward movement. Failure to do so could result in continued downward movement for ID.