LSEVL is currently trading in a bearish trend, with price still moving below the major resistance zone.
The key level to watch on the D1 chart is 9.84. A clean breakout and daily close above 9.84 is needed to confirm a trend reversal from bearish to bullish.
If the breakout is confirmed, the next upside targets are:
Target 1: 13.34
Target 2: 16.11
Until the price breaks above 9.84, investors should remain cautious. The structure is still bearish, and any long positions taken before a confirmed breakout carry higher risk.
The key level to watch on the D1 chart is 9.84. A clean breakout and daily close above 9.84 is needed to confirm a trend reversal from bearish to bullish.
If the breakout is confirmed, the next upside targets are:
Target 1: 13.34
Target 2: 16.11
Until the price breaks above 9.84, investors should remain cautious. The structure is still bearish, and any long positions taken before a confirmed breakout carry higher risk.
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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.