The market is currently testing a major historical support zone around 1800–1900 after forming a clear lower-high bearish structure over the past months.
Looking at the higher timeframe, price has been respecting several key levels where strong reactions previously occurred. This makes the current area a critical decision zone for the next major move.
🔑 Key Levels
Resistance Zones
• 2600 – 2700
• 3300 – 3400
• 4000 – 4200
• 4800 – 5000
Support Zones
• 1800 – 1900 (Current level)
• 1500 – 1600
• 1200 – 1300
📉 Bearish Scenario
If price breaks below the 1800 support, the next downside targets could be 1600 and potentially 1300.
📈 Bullish Scenario
If buyers defend this level, we may see a relief bounce toward 2600–2700 resistance.
⚠️ Always wait for confirmation and manage risk.
Looking at the higher timeframe, price has been respecting several key levels where strong reactions previously occurred. This makes the current area a critical decision zone for the next major move.
🔑 Key Levels
Resistance Zones
• 2600 – 2700
• 3300 – 3400
• 4000 – 4200
• 4800 – 5000
Support Zones
• 1800 – 1900 (Current level)
• 1500 – 1600
• 1200 – 1300
📉 Bearish Scenario
If price breaks below the 1800 support, the next downside targets could be 1600 and potentially 1300.
📈 Bullish Scenario
If buyers defend this level, we may see a relief bounce toward 2600–2700 resistance.
⚠️ Always wait for confirmation and manage risk.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.