Technical Analysis: Bullish Momentum and Key Levels OverviewTechnical Analysis
The price currently exhibits bullish momentum, aiming to reach 21,400. A 1-hour or 4-hour candle closing above 21,400 is expected to drive the price further upward toward 21,540.
Conversely, if a 4-hour candle closes below 21,400, the price is likely to range between 21,400 and 21,220.
Key Levels:
Pivot Point: 31350
Resistance Levels: 21400, 21535, 21620
Support Levels: 21220, 20990, 20860
Trend Outlook:
Consolidation: Between 21,200 and 21,395
Bullish Trend: Above 21,395
Bearish Trend: Below 21,200