VWAP Zone:
The VWAP lies at 25,456–25,464, acting as a dynamic resistance zone — price has failed to sustain above this level multiple times.
Price Pattern:
Multiple small-bodied candles with wicks indicate indecision and low momentum.
This suggests volatility compression — a breakout may follow.
Bollinger Bands:
Price hugging the middle band, with slightly narrowing bands — signals range contraction.
The VWAP lies at 25,456–25,464, acting as a dynamic resistance zone — price has failed to sustain above this level multiple times.
Price Pattern:
Multiple small-bodied candles with wicks indicate indecision and low momentum.
This suggests volatility compression — a breakout may follow.
Bollinger Bands:
Price hugging the middle band, with slightly narrowing bands — signals range contraction.
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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.