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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.