Timeframe: Daily | Scale: Linear
Explosive +12.04% surge today on an exceptional 11.72M volume spike, breaking out of its recent sideways trend! 🔥
Technical Highlights:
✅ Consolidation Breakout: Cleared & closed above short-term horizontal resistance (active since Aug 18).
✅ Trend Resolution: Successfully resolved the sideways action seen since the Aug 6 ATH.
✅ Momentum: Short-term EMAs in positive crossover across Daily, Weekly & Monthly. MACD & RSI rising on all timeframes. 🚀
Key Levels to Watch:
🎯 Target 1: 814.80 (ATH Retest)
🎯 Target 2: 950 (Long-term price discovery)
🛡️ Support / Profit Booking: 725
Watch for a potential challenge of the All-Time High in the coming sessions!
Explosive +12.04% surge today on an exceptional 11.72M volume spike, breaking out of its recent sideways trend! 🔥
Technical Highlights:
✅ Consolidation Breakout: Cleared & closed above short-term horizontal resistance (active since Aug 18).
✅ Trend Resolution: Successfully resolved the sideways action seen since the Aug 6 ATH.
✅ Momentum: Short-term EMAs in positive crossover across Daily, Weekly & Monthly. MACD & RSI rising on all timeframes. 🚀
Key Levels to Watch:
🎯 Target 1: 814.80 (ATH Retest)
🎯 Target 2: 950 (Long-term price discovery)
🛡️ Support / Profit Booking: 725
Watch for a potential challenge of the All-Time High in the coming sessions!
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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.