Price reclaimed a key support zone with a bullish structure shift (CHoCH), followed by a strong rally into a premium resistance area. Volume confirms the push with increased participation. Multiple timeframes show bullish sentiment, and a potential continuation is in play unless rejection from the current resistance zone triggers a reversal. Watch for reaction and volume cues.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.