US Tech 100 Index
Long

USTECH Long Opportunity

134
USTECH has been making some bullish strides and continues the overall bullish trend. Last week, price broke above the major pivot level at $23680 and seems to be maintaining its bullish structure

Price is currently in a retracement and is testing the $23680 level where i am expecting a bounce to the upside in continuation with the bullish trend.

From the higher timeframes price is trading above all 3 SMA and in the bullish region of the RSI. on the 1 hour timeframe, price is maintaining its position above the Bullish support trendline and the 200 SMA which adds to the bullish move i am looking at.

Alternatively if price continues to move down, i am targeting the support level at $23520 where buyers are sitting and having enough momentum to push the market higher.

Looking for long positions from either the $23680 or alternatively the $23520 level.

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