In this time frame, the price is moving between the two resistance ranges of $1344 and the support range of $1261, and after the price breaks the support range of its upward trend line, it enters the falling phase, and if it can break the strong support range of $1261, we can expect It fell further to the 1.618 Fibonacci range. But if the range of $1261 continues to support, we will see the price rise to the range of $1344.
Support range: 1302-1324-1344
Resistance range: 1279-1261-1212
Support range: 1302-1324-1344
Resistance range: 1279-1261-1212
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