Support Level: Around 3,220 USD, where the price has recently tested and shown signs of reversal.
Resistance Level: Around 3,500 USD, acting as a major barrier where the price previously reversed after a rally.
Current Price: 3,223.265 USD, showing a decline of -65.070 points (-1.98%) on the day.
Technical Target: A bullish move is anticipated from the support level, with the target set near the resistance level (~3,500 USD), as indicated by the upward arrow and target label.
Resistance Level: Around 3,500 USD, acting as a major barrier where the price previously reversed after a rally.
Current Price: 3,223.265 USD, showing a decline of -65.070 points (-1.98%) on the day.
Technical Target: A bullish move is anticipated from the support level, with the target set near the resistance level (~3,500 USD), as indicated by the upward arrow and target label.
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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.