My best analysis
Entry Point: The price is approaching the support zone (highlighted in pink), indicating a potential rebound.
Stop Loss: Set at $3,014.4, slightly below the strong support zone, to minimize risk in case of a breakdown.
Target: The upward arrows suggest a target at $3,672.2, aligning with the resistance at the upper boundary.
This analysis highlights a potential bullish setup. However, ensure to evaluate your strategy and risk management before taking any positions.
Stop Loss: Set at $3,014.4, slightly below the strong support zone, to minimize risk in case of a breakdown.
Target: The upward arrows suggest a target at $3,672.2, aligning with the resistance at the upper boundary.
This analysis highlights a potential bullish setup. However, ensure to evaluate your strategy and risk management before taking any positions.
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t.me/LunaTrader_1
t.me/LunaTrader_1
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.
"Join our Telegram channel to receive free, high-quality trading signals. Stay ahead in the market with our expert insights!
t.me/LunaTrader_1
t.me/LunaTrader_1
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.