Summary:
Key Levels to Watch:
3060-3065: Bullish target zone
3057: ATH resistance
3047: Resistance
3038: Key short-term resistance
3026: Resistance
3022: Bullish/Bearish pivot line
3006: Key intraday support
3000: Psychological round-number support
Short-Term Trading Strategy:
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Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
- The bearish momentum remains strong. For now, the optimal strategy is to short on pullbacks to resistance.
- If the price breaks above 3039, re-evaluate the market conditions.
Key Levels to Watch:
3060-3065: Bullish target zone
3057: ATH resistance
3047: Resistance
3038: Key short-term resistance
3026: Resistance
3022: Bullish/Bearish pivot line
3006: Key intraday support
3000: Psychological round-number support
Short-Term Trading Strategy:
- For Shorts: Enter a SELL position if the price breaks below 3020. Watch 3017 for initial support; if the decline continues, monitor 3014, 3011, and 3007.
- For Longs: Enter a BUY position if the price stabilizes above 3026. Watch 3030 for confirmation; if bullish momentum continues, monitor 3034, 3038, and 3042.
👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support!
Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
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.