The market recently broke below a rising trendline and exited a consolidation zone, signaling potential weakness.
📉 After the breakdown, price formed a lower high and is now retesting the 3,290–3,300 zone. If this minor resistance holds, we could see further bearish continuation.
🔷 Key Level to Watch:
Support around 3,212 — this is a major area where price previously reacted.
📉 Scenario:
Expecting a rejection from current levels, leading to a potential move toward the support zone. If 3,212 breaks, it may open doors to even lower targets.
💡 Trade Idea:
Wait for a confirmation (bearish structure) near the retest area. If confirmed, consider short setups with target around the support level.
✅ Always use proper risk management and confirm with your own analysis
📉 After the breakdown, price formed a lower high and is now retesting the 3,290–3,300 zone. If this minor resistance holds, we could see further bearish continuation.
🔷 Key Level to Watch:
Support around 3,212 — this is a major area where price previously reacted.
📉 Scenario:
Expecting a rejection from current levels, leading to a potential move toward the support zone. If 3,212 breaks, it may open doors to even lower targets.
💡 Trade Idea:
Wait for a confirmation (bearish structure) near the retest area. If confirmed, consider short setups with target around the support level.
✅ Always use proper risk management and confirm with your own analysis
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.