Trend: The price shows a strong decline after a massive spike, which indicates it could be experiencing a retracement or consolidation phase.
Support: Around the 2.50–2.80 level (green zone), which seems to have held during recent price movements.
Resistance: The red zone around 5.00–5.50 is the immediate resistance, with higher resistance near 59.48, which indicates significant selling pressure above this level.
Volume: There is a noticeable surge in volume during the price decline, suggesting that the recent downtrend is likely being fueled by significant selling activity. This could indicate a potential continuation if the volume stays elevated.
Price Action: If the price tests the 2.50–2.80 support zone and holds, we might see a rebound. Otherwise, a breakdown could target 0.45.
Support: Around the 2.50–2.80 level (green zone), which seems to have held during recent price movements.
Resistance: The red zone around 5.00–5.50 is the immediate resistance, with higher resistance near 59.48, which indicates significant selling pressure above this level.
Volume: There is a noticeable surge in volume during the price decline, suggesting that the recent downtrend is likely being fueled by significant selling activity. This could indicate a potential continuation if the volume stays elevated.
Price Action: If the price tests the 2.50–2.80 support zone and holds, we might see a rebound. Otherwise, a breakdown could target 0.45.
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.
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.