We’ve got a strong resistance level formed by the double top from Dec 14, 2024, and Jan 19, 2025.
✅ Price is above the 200MA, 50MA, and Bollinger Bands.
✅ MLR > SMA confirms the bullish momentum.
I don’t see any immediate reasons to panic. A pullback to the Bollinger Bands or even the 50MA could be in play, but the price action will depend heavily on macro conditions. 🌎
⚠️ If you're highly leveraged, consider risk management. Keep an eye on price action and stay cautious.
📈 Keep close, follow me for more insights, and thank you for reading! Stay safe. 🙏
✅ Price is above the 200MA, 50MA, and Bollinger Bands.
✅ MLR > SMA confirms the bullish momentum.
I don’t see any immediate reasons to panic. A pullback to the Bollinger Bands or even the 50MA could be in play, but the price action will depend heavily on macro conditions. 🌎
⚠️ If you're highly leveraged, consider risk management. Keep an eye on price action and stay cautious.
📈 Keep close, follow me for more insights, and thank you for reading! Stay safe. 🙏
交易進行
Price flipped the double top resistance into support and is now retesting that level for confirmation.
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