We're currently into a daily resistance block, and since we still haven't bounced hard off it and are proceeding to make higher lows, on lower timeframe, we can assume that the buyers are trying to push it through that resistance eventually.
Target is based on the weekly + daily resistance blocks.
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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.