The price is currently trading near the last resistance high at 2,789, moving within an ascending channel, indicating an overall bullish structure. The market has maintained a dominant bullish trend after breaking out of the previous consolidation zone and forming a series of higher highs and higher lows.
As the price approaches resistance, a short-term correction is likely. If the price fails to break 2,789, it may experience a pullback towards the support zone at 2,750 – 2,731 before regaining bullish momentum. A successful rebound from this area could provide confirmation for another bullish rally targeting the new high at 2,810.
On the other hand, if the price breaks below 2,750 – 2,731, bearish momentum may take control, pushing the price toward the next key levels at 2,699 and 2,665. This would mark a shift in sentiment, leading to a deeper correction.
As the price approaches resistance, a short-term correction is likely. If the price fails to break 2,789, it may experience a pullback towards the support zone at 2,750 – 2,731 before regaining bullish momentum. A successful rebound from this area could provide confirmation for another bullish rally targeting the new high at 2,810.
On the other hand, if the price breaks below 2,750 – 2,731, bearish momentum may take control, pushing the price toward the next key levels at 2,699 and 2,665. This would mark a shift in sentiment, leading to a deeper correction.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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。