SMCI is consolidating within a key support zone between 33 and 37, while the uptrend from the July lows remains intact.
As long as price holds above 33, the bullish structure remains valid. A breakout from this range could lead to a move toward the 48–52 resistance area in the coming weeks.
Chart:
As long as price holds above 33, the bullish structure remains valid. A breakout from this range could lead to a move toward the 48–52 resistance area in the coming weeks.
Chart:
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