Price is gapping up into a mid‑term resistance zone at 405–505.
We're watching for a potential mid‑term top to form as long as price holds below 505, which would open the door to a multi‑week correction/consolidation back toward the 350–280 support region. A decisive break above 505 instead clears the path for a move toward 580.
As long as price holds above the 280 support, the macro uptrend structure stays intact, with ultimate upside targets at the 725–960 resistance levels.
Chart:
We're watching for a potential mid‑term top to form as long as price holds below 505, which would open the door to a multi‑week correction/consolidation back toward the 350–280 support region. A decisive break above 505 instead clears the path for a move toward 580.
As long as price holds above the 280 support, the macro uptrend structure stays intact, with ultimate upside targets at the 725–960 resistance levels.
Chart:
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Swing-trading ideas, market analytics & asset requests
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
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.