Based on price behavior within the current support zone, potential scenarios have been identified. A trend reversal—leading to the start of an upward trend—is expected following some volatility and a correction. Should the support zone be breached, a continuation of the downtrend toward subsequent support levels is possible.
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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.