The highlighted areas represent key support and resistance zones. The blue arrow indicates a consolidation phase that must be broken through to enable further progress, absent any external news developments. Should the $7.60 level fail, we could see a decline towards the lower $6 range, which represents the worst-case scenario. Conversely, a breakout above the $8.80 resistance level/trendline would present a best-case scenario, potentially leading to a retest of the higher high at $9.80.
Ultimately, the price movement will largely depend on any upcoming contract news. Positive developments could drive the price beyond these technical analysis levels. However, in the absence of such news, I am focusing on the immediate levels presented. Best of luck to all!
Ultimately, the price movement will largely depend on any upcoming contract news. Positive developments could drive the price beyond these technical analysis levels. However, in the absence of such news, I am focusing on the immediate levels presented. Best of luck to all!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。