The price got rejected once again from the descending trendline resistance.
A short-term correction toward the 880–830 range seems likely.
This zone (highlighted in yellow) could act as a potential accumulation or reversal area.
If the 827 support holds, we might see a solid bounce from here.
However, a clear breakdown below this level could shift the entire structure.
📊 Stay alert — the next major move will be decided right here.
A short-term correction toward the 880–830 range seems likely.
This zone (highlighted in yellow) could act as a potential accumulation or reversal area.
If the 827 support holds, we might see a solid bounce from here.
However, a clear breakdown below this level could shift the entire structure.
📊 Stay alert — the next major move will be decided right here.
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.
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.