MSM, got power or not?
There's a potential that the price could simply close the gap and continue its downward movement, especially if it fails to hold key support levels.
For the bullish trend to stay intact, the price needs to stay above 1.50. If there’s a pullback and it fails to challenge this level, it could signal further downside.
Traders should remain cautious and be prepared for the next move. If the price struggles to maintain 1.50, further downside pressure could follow, so keeping a close eye on price action is crucial for making informed decisions.
For the bullish trend to stay intact, the price needs to stay above 1.50. If there’s a pullback and it fails to challenge this level, it could signal further downside.
Traders should remain cautious and be prepared for the next move. If the price struggles to maintain 1.50, further downside pressure could follow, so keeping a close eye on price action is crucial for making informed decisions.
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.
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.