Yesterday, the price increased but remained below the resistance zone. Currently, it is attempting to stabilise within the zone by testing a breakout above the 23.174 level. A 4-hour candle close above this level would support further upward movement toward the next key level, which is the all-time high (ATH) at 23,457. Also, by breaking this peak level, we will get the new high zone, and then the new high level at 23.700.
However, if the price remains below the resistance zone—specifically below the 23.174 level—it is likely to continue moving within a range between this level and the support at 22.787.
Bullish target: 23,460. 23,700.
Bearish target: 23,170. 23,700.
However, if the price remains below the resistance zone—specifically below the 23.174 level—it is likely to continue moving within a range between this level and the support at 22.787.
Bullish target: 23,460. 23,700.
Bearish target: 23,170. 23,700.
- Traders, if you find this analysis helpful or have your own insights, drop a comment below! I’d love to hear your thoughts❤️.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.