The GER40 has been on a strong bullish run, but is now stalling just below the 22,444 🔼 resistance zone. Price is showing early signs of hesitation, suggesting potential for either a breakout continuation or a deeper pullback.
Support at: 21,973 🔽, 21,570 🔽, 20,900 🔽
Resistance at: 22,444 🔼, 22,800 🔼, 23,400 🔼
Bias:
🔼 Bullish: A clean breakout and retest above 22,444 could fuel a move toward the next major resistance at 22,800. As long as price holds above 21,973, the bullish structure remains intact.
🔽 Bearish: A failure to break above 22,444 combined with a break below 21,973 could trigger a pullback toward the 21,570 support zone.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 21,973 🔽, 21,570 🔽, 20,900 🔽
Resistance at: 22,444 🔼, 22,800 🔼, 23,400 🔼
Bias:
🔼 Bullish: A clean breakout and retest above 22,444 could fuel a move toward the next major resistance at 22,800. As long as price holds above 21,973, the bullish structure remains intact.
🔽 Bearish: A failure to break above 22,444 combined with a break below 21,973 could trigger a pullback toward the 21,570 support zone.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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