📈 Technical Analysis Outlook: July 2, 2026
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Support Levels:
Immediate Support: 23,950. This zone must hold to sustain the current bullish structure.
Critical Floor: 23,800. A key area reinforced by strong congestion boundaries that absorbed recent selling pressure.
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Resistance Levels:
Immediate Hurdle: 24,150. A vital intraday roadblock; reclaiming this level is essential to trigger potential short covering.
Major Ceiling: 24,250 – 24,350. The primary target extension zone, provided the bulls maintain momentum through the afternoon session.
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--------------------------------------------------------
Support Levels:
Immediate Support: 23,950. This zone must hold to sustain the current bullish structure.
Critical Floor: 23,800. A key area reinforced by strong congestion boundaries that absorbed recent selling pressure.
--------------------------------------------------------------------------------------------------------------------
Resistance Levels:
Immediate Hurdle: 24,150. A vital intraday roadblock; reclaiming this level is essential to trigger potential short covering.
Major Ceiling: 24,250 – 24,350. The primary target extension zone, provided the bulls maintain momentum through the afternoon session.
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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.
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.
