Momentum is gathering on the daily chart, signaling that the long downward phase may finally be coming to an end. Key indicators are turning positive, and price action looks poised to break out of its slump. This setup is loaded with potential for a swift bullish run—keep a close watch for further volume expansion and a decisive close above resistance. If the move confirms, it could spark the next major rally. Strap in—this trend flip could be the catalyst bulls have been waiting for!
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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.