Price has reached an important mid-term resistance zone and may be setting up for a pullback and consolidation in the coming weeks.
As long as price remains below 21, I’m watching for further downside toward the 13–10 support zone, followed by a potential base formation before the next swing move higher into the high 30s (possibly in 2026).
Chart:
Macro view:
As long as price remains below 21, I’m watching for further downside toward the 13–10 support zone, followed by a potential base formation before the next swing move higher into the high 30s (possibly in 2026).
Chart:
Macro view:
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