โ
Break of structure: Price broke above the last lower high, showing a shift from bearish to bullish.
๐ฆ Demand zone: Price is now pulling back into a previous consolidation area (blue box), which could act as support.
๐ Current move: The recent drop seems like a correction. If buyers defend the $103,800โ$104,200 area, we could see another bounce.
๐ Potential: If support holds, next targets could be around $107,000 or higher.
Watch for bullish candles near support to confirm a possible continuation.
๐ฆ Demand zone: Price is now pulling back into a previous consolidation area (blue box), which could act as support.
๐ Current move: The recent drop seems like a correction. If buyers defend the $103,800โ$104,200 area, we could see another bounce.
๐ Potential: If support holds, next targets could be around $107,000 or higher.
Watch for bullish candles near support to confirm a possible continuation.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.