Overhead Resistance: The (4,003.9) mark stands as a recent peak and a strong overhead resistance level for any future recoveries.
Intermediate Levels: Minor structural levels are noted at (3,656.3) and (3,412.1), which the price has recently sliced through during this pullback.
Strong Support Zone: The most critical feature on the chart is the specifically highlighted support area between 3170 and 3030.
Base Support Line: A solid teal horizontal line reinforces the absolute bottom of this zone at exactly 3030.00.
he latest candle indicates intense selling pressure, bringing the price down significantly from its peak near the (4,003.9) level.
The price has broken below a mid-level technical area around (3,656.3), confirming the current downward momentum.
Intermediate Levels: Minor structural levels are noted at (3,656.3) and (3,412.1), which the price has recently sliced through during this pullback.
Strong Support Zone: The most critical feature on the chart is the specifically highlighted support area between 3170 and 3030.
Base Support Line: A solid teal horizontal line reinforces the absolute bottom of this zone at exactly 3030.00.
he latest candle indicates intense selling pressure, bringing the price down significantly from its peak near the (4,003.9) level.
The price has broken below a mid-level technical area around (3,656.3), confirming the current downward momentum.
Related publications
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.
Related publications
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.