TER: price at macro-resistance zone

Feb 11

Similar to the structure highlighted recently on LITE, price has reached a key macro-resistance zone (285–294 and 450), where bullish momentum may begin to fade.

From a macro perspective, as long as price remains below 450, I am expecting a correction back toward — and potentially below — 100 in the coming months.

That said, confirmation of a top is still required to properly assess risk-reward parameters and execution strategy.

Chart (Weekly):

https://www.tradingview.com/x/YerD106p/

Chart (Daily):

https://www.tradingview.com/x/iZNYYWJx/

Apr 16

Note

Price is setting up for a potential push toward the highs of the macro resistance zone around the 450 level.
On an intraday basis, as long as price is holding above the 339–329 support zone, the structure suggests an upside continuation toward the 430–450 targets.

Chart (daily):

Chart (1h):