🔎 Key Elements Identified:
Current Price: $3,886.455
Zones:
Blue Zone (~$3,872–$3,880): Minor support zone — recent breakout retest area.
Orange Zone (~$3,856–$3,868): Strong demand zone — deeper retracement area.
Resistance Targets:
$3,896.385: Local resistance.
$3,901.413: Extended upside target.
🛠️ Price Projections:
Black Path (Shallow Pullback):
Small dip into blue zone.
Reversal and break above $3,896 → Target: $3,901.
Red Path (Deeper Pullback):
Deeper drop into orange demand zone (~$3,860).
Strong bullish reversal expected → Same final target: $3,901+.
Current Price: $3,886.455
Zones:
Blue Zone (~$3,872–$3,880): Minor support zone — recent breakout retest area.
Orange Zone (~$3,856–$3,868): Strong demand zone — deeper retracement area.
Resistance Targets:
$3,896.385: Local resistance.
$3,901.413: Extended upside target.
🛠️ Price Projections:
Black Path (Shallow Pullback):
Small dip into blue zone.
Reversal and break above $3,896 → Target: $3,901.
Red Path (Deeper Pullback):
Deeper drop into orange demand zone (~$3,860).
Strong bullish reversal expected → Same final target: $3,901+.
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.
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.