Price broke below the 39,070 support zone and is continuing lower. Bears remain firmly in control, with no signs of reversal yet. All eyes on the next key support at 36,800🔽.
🔼 Resistance: 39,070
🔽 Support: 36,800
As long as price remains under 39,070, bearish bias holds. A retest of broken support could act as a resistance for short opportunities. No clean bullish setup unless we reclaim that level.
📰 Sentiment: Risk-off tone continues with traders cautious around economic data and earnings season.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
🔼 Resistance: 39,070
🔽 Support: 36,800
As long as price remains under 39,070, bearish bias holds. A retest of broken support could act as a resistance for short opportunities. No clean bullish setup unless we reclaim that level.
📰 Sentiment: Risk-off tone continues with traders cautious around economic data and earnings season.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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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.
Related publications
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.