Price has pulled back from the $83.77 previous high, now hovering right on the 0.236 Fib level at $75.25 — a critical area to watch.
🟣 Rejection at the top shows momentum cooling. 🟡 If support fails here, eyes shift to $70.01 (0.382) and possibly $65.77 (0.5) as next key levels.
This move may be the correction the market needs before resuming trend — or the start of a deeper retracement.
📉 Stay sharp. Structure tells the story.
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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.