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
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.