ORANGE JUICE Testing Key Support: Will Buyers Step In?

30 Jan

OJ has reached a significant demand area that has historically attracted buyers, leading to bullish momentum. This support level aligns with prior price reactions and represents a strong foundation for potential upward moves.

If the support holds and bullish confirmation appears, such as bullish engulfing candles or long lower wicks, I anticipate a move toward 502.70 level. Conversely, if the support is broken, the bullish outlook could weaken, paving the way for further declines.

This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.

Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.

Best of luck , TrendDiva

30 Jan

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