Bitcoin UpdateBTC/USD — The Range Squeeze Tightens: Volatility Decides Direction
Bitcoin remains confined within a bearish range between 113 000 and 116 000. Price sits on the sell side of deviation but has yet to return to discount since yesterday’s flush.
The active range squeeze forms between the bullish point of control near 104 000 and the bearish point of control near 111 000, where both sides continue to fight for conviction. Yesterday’s session cleared heavy bullish liquidation, leaving direction to whoever reclaims volume first.
Structure: Fibonacci geometry shows BTC pressing into bearish oversold zones. Momentum remains reactive—better suited for short, tactical trades.
Order Flow: Sellers defended the 114 000 region; volume still favors supply at the upper band.
Execution: Expect consolidation until a new catalyst breaks the compression.
Upcoming events—U.S. jobless claims, Fed remarks, and tech earnings—may reset volatility. Liquidity tone stays cautious; ETF inflows paused, and yields remain firm.
Patience isn’t waiting—it’s refusing to act in confusion.
For now, watch for a 1H structure shift lower or renewed bearish momentum.
Bounces toward 111–113 k remain tactical until a daily close confirms otherwise.
Bitcoin is coiled inside a range squeeze. One side will lose soon. Until then, probability—not prediction—defines discipline.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Fibonaccianalysis
GOLD - BEARS PREPARING FOR THE NEXT MOVEGold has reached a strong resistance level around 4,380 and is currently showing signs of a pullback. After nine consecutive weeks of gains without a single red candle—a rare occurrence in gold’s history—market participants should anticipate a potential correction phase.
The 4,305–4,337 zone will be a key area to watch for a possible retest before the next move lower. If price fails to break above that zone, the downside targets remain at 4,110 and 4,040.
Overall bias stays bearish as long as gold trades below 4,380.
Meta platforms, D ( Channel + 2 Fibonacci Extensions up & down )Hey Traders and Investors, I hope you all are doing well in your life.
market is nature's response and Price is the God .
Let's check the market with the help of natural levels tool : Trend Based Fibonacci Extension in addition with Trend Channel .
After forming almost a ' Head and Shoulders ' pattern on Daily chart, Meta platforms has given a pull-back ( base for Fib-Extension UP level tool on the right side , $690.51 ).
The Pull-back trend expect to continue till the retest level of 23.6% ( $765 ) of Fib-Extension UP level tool on the right side .
The most near level for the re-test is the 50% level ( $664.14 ) of Fib-Extension Down level tool on the left side , for a new UP trend Entry ( investors ).
Note: The marked Circle ⭕ enclosed candle is the important level candle, Up Trend channel's 50% trend line is intersecting with 23.6% of Fib-Extension UP level tool on the right side .
Keep on checking this Level for your future trading decisions.
" Buy 🟢 "above $731 with the stop loss🔻of $690 for the
🎯 Target 1: $765
🎯 Target 2: $811
🎯 Target 3: open.
" Sell 🔴 " below $664 with the stop loss🔺of $690 for the
🎯 Target 1: $634
🎯 Target 2: $590
🎯 Target 3: open.
Smart Levels is Smart Trading 👨🎓
⚠ RISK DISCLAIMER :
All content provided by "TradeWithKeshhav" is for information & educational purposes only.
It does not constitute any financial advice or a solicitation to buy or sell any securities of any type. All investments / trading involve risks. Past performance does not guarantee future results / returns.
Always do your own analysis before taking any trade.
Regards :
Team @TradeWithKeshhav
Happy Trading and Investing!
TSLA Weekly | Log Channel Analysis with Fibonacci ConfluenceThis chart presents Tesla (TSLA) on the weekly timeframe, plotted in logarithmic scale using a custom trend channel (not a pitchfork). The analysis combines price structure with key Fibonacci retracement and extension levels to highlight major inflection points in Tesla’s long-term trend.
Channel Structure: The log channel has consistently guided price swings, showing respect for both upper and lower boundaries across multiple cycles. This provides a framework for projecting potential tops and bottoms.
Fibonacci Confluence:
• Price is currently reacting around the 0.618 retracement ($430) from the previous major swing, a historically significant level for Tesla.
• Upside targets align with the 1.618 extensions ($753–$780), creating a strong confluence zone for a potential long-term resistance.
• Key downside supports sit at $367, $272, and $218, each coinciding with fib retracements and historical pivot zones.
Market Structure: The chart highlights repeating rounded top and bottom formations, suggesting cyclical behavior in Tesla’s price action. Rounded bottoms have historically marked accumulation zones, while rounded tops have aligned with distribution phases.
Current Outlook: After reclaiming the mid-channel region and pushing through significant resistance, Tesla is now at a pivotal stage. A confirmed breakout above $488 could open the path toward the higher channel range and eventual fib targets. Failure to hold $430, however, risks a retrace back to $367 or lower channel support.
XAUUSD – Gold Trading (M30) – Price Momentum Near Record Highs📊 Market Overview
Gold is holding strong near 3,720 USD/oz, sustaining its bullish momentum after reclaiming record highs earlier this week. Support for gold remains firm on the back of:
The Fed’s dovish policy stance, signaling potential additional rate cuts later this year.
Persistent geopolitical risks maintaining safe-haven demand.
A robust 39% year-to-date gain, showing continued investor confidence in gold.
🔢 Key Technical Levels (M30)
🔴 Resistance / SELL Zone
3,754.073 – Major reaction area; expect sellers to defend this level for a possible pullback.
🟡 Intermediate Support
3,708.967 – First key area for a bullish bounce if price dips.
🟢 Support / BUY Zones
3,686.064 – Trendline confluence, strong candidate for new long entries.
3,671.728 – Secondary support zone if deeper correction occurs.
3,661.413 – Critical demand zone; breaking below may trigger a stronger bearish wave.
📈 Trading Scenarios
1️⃣ Bullish Continuation (Primary Bias)
BUY: Look for price action confirmation at 3,708–3,686 or trendline retests.
Targets: 3,754 (main resistance), partial profits at 3,730–3,740.
Stop Loss: Below 3,671 to manage risk.
2️⃣ Countertrend SELL Setup
SELL: Enter shorts at 3,754–3,755 if strong rejection appears.
Targets: 3,708 → 3,686, move SL to entry once in profit.
3️⃣ Deep Correction Opportunity
BUY: Scale in at 3,661–3,662 if price flushes deeper, aligning with broader uptrend.
Targets: 3,708 → 3,754, leaving some positions open if bullish momentum resumes.
⚠ Risk Management Tips
Expect high volatility due to news flow and the dollar’s movements—adjust position size accordingly.
Confirm entries with candlestick patterns or volume spikes to avoid false signals.
Avoid mid-range trades between 3,708–3,754 without clear setups.
💬 Discussion
📊 Will gold push beyond 3,754 to test new highs, or retrace toward the buy zones first? Share your outlook or charts below to compare strategies!
Gold’s Next Fibonacci Play – Watching Key Buy & Sell Zones M15Technical & Fibonacci Outlook (M15 Chart)
Price has recently broken upward but is approaching resistance at 3,693–3,704.
Fibo 1.5–1.618 Reaction TP Zone (3,703–3,705): Watch for potential profit-taking or minor rejection here.
Fibo 2.618 Reaction – SELL ZONE (3,724–3,726, SL 3,730): A high-liquidity level where sellers may step in for a short-term reversal.
M15 Fibo Reaction Zone – BUY ZONE (3,665–3,659, SL 3,645): Primary area to look for bullish continuation on dips.
Mid-channel structure suggests a healthy retracement could occur before any further rally.
🟢 Trade Ideas – FranCis_Fibo Style
BUY ZONE: 3,660–3,656
Stop Loss: 3,645
Take Profit: Scale out at RR 1:1 → 1:2 → 1:3, leave runners open for a potential new ATH.
SELL ZONE (Short-term): 3,723–3,726
Stop Loss: 3,730
Take Profit: Target lower Fibo retracement levels (3,686 → 3,665).
⚠ Key Notes
Expect volatility around Fed-related headlines—manage position sizes carefully.
Watch for liquidity grabs at 3,703–3,705 before committing to directional trades.
A strong bounce from the 3,665–3,659 zone would confirm bullish momentum remains intact.
💬 Discussion
📊 Will gold break through the 2.618 Fibo zone for a fresh push higher, or will sellers defend and force a deeper retracement? Share your Fibonacci levels and outlook below!
Globant 4H Double BottomGlobant posted a positive earnings report. On the 4-hour chart, a double bottom can be observed. Considering the recent decline in the stock, applying a Fibonacci retracement followed by an extension shows the lowest extension level at 1.618, which acted as support. Today, the price broke to the upside. It will be important to analyze with caution whether it starts gaining volume to return to previous levels, while adjusting the stop-loss as a precaution.
Globant, Bright Future or Total Darkness?📊 Technical Analysis – Globant (GLOB) – Weekly
The price of Globant (NYSE: GLOB) remains under strong bearish pressure, approaching a key long-term support area.
🔑 Fibonacci Levels
0.618 (61.55 USD): critical zone currently being tested. A clear breakdown could open the door to further declines.
0.5 (77.15 USD): first major resistance in case of a rebound.
0.382 (92.75 USD): secondary resistance, aligned with previous supply zones.
0.236 (112.04 USD): stronger resistance level; a breakout above would suggest a trend reversal.
📉 Support and Resistance
Main Support: 65–61 USD, which acted as a strong base during 2019–2020.
Immediate Resistance: 77 USD, followed by 93 USD.
🔄 Volume
Volume has increased significantly over the past weeks, indicating strong institutional activity around this support area. This could hint at a potential technical rebound if the level holds.
📌 Conclusion
As long as GLOB holds above 61 USD, there is room for a rebound toward 77–93 USD.
A breakdown below 61 USD would open a more bearish scenario with medium-term targets around 50–45 USD.
Current bias remains bearish, but we are at a key decision zone.
TURBO/USDT – Cup and Handle Formation (1D Chart)Overview:
TURBO/USDT is potentially forming a textbook Cup and Handle pattern on the 1-day chart. Price action suggests a rounded bottom (the “cup”) followed by a consolidation range (the “handle”), setting up for a possible breakout.
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🔍 Pattern Structure:
- Cup Formation:
Price rallied from ~0.0029 to ~0.0060 USDT, retracing slightly from the top. This rounded rise resembles the classic cup shape.
- Handle Formation:
Recent price consolidation between 0.0042–0.0049 USDT hints at the formation of the handle. A breakout above resistance could validate the pattern.
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📈 Key Technical Levels:
Entry Zone | 0.0047 – 0.0050 |
| Resistance (Breakout)| ~0.0060 |
| Target 1 | ~0.0064 |
| Target 2 | 0.0078 – 0.0084 |
| Stop Loss | Below 0.0042 |
🔄 Additional Indicators:
- Volume: Watch for increasing volume to confirm breakout momentum.
- RSI (14-day): Neutral zone with room for upward movement. Momentum is building.
- Fibonacci Levels: 0.618 retracement (~0.004458 USDT) has acted as a key support during handle formation.
---
💡 Idea: Monitor for a daily close above 0.0060 with volume confirmation. That could mark the beginning of a bullish continuation. Risk management is essential if price fails to hold above the handle support.
Fibonacci Arcs in Stock TradingFibonacci Arcs in Stock Trading
Fibonacci arcs, derived from the renowned Fibonacci sequence, offer a compelling blend of technical analysis and market psychology for traders. By mapping potential support and resistance areas through arcs drawn on stock charts, these tools provide insights into future price movements. This article delves into the practical applications of Fibonacci arcs in trading, their interplay with market psychology, and best practices for effective use.
Understanding Fibonacci Arcs
The Fibonacci arc indicator is a unique tool in technical analysis derived from the famed Fibonacci sequence. It’s crafted by drawing arcs at the key Fibonacci retracement levels - 38.2%, 50%, and 61.8% - from a high to a low point on a stock chart. Each curve represents potential support or resistance areas, offering insights into the stock’s future movements.
The art of arc reading, meaning interpreting these curves, is crucial for traders. When a stock approaches or intersects with an arc, it reflects a significant reaction level. For instance, if a stock price touches or nears an arc, it could face arc resistance, indicating a potential halt or reversal in its trend.
Applying Fibonacci Arcs in Trading
In the stock market, these arcs serve as a guide for traders seeking to anticipate future price movements. When applied correctly, they can provide critical insights into potential support and resistance levels. Here's a step-by-step look at how you may use them effectively:
- Identifying High and Low Points: Begin by selecting a significant high and low point on the stock's chart. In an uptrend, it’s the most recent swing high to a previous swing low, and vice versa. These are the anchor points.
- Drawing the Arcs: Once the points are selected, draw the arcs at the Fibonacci retracement levels of 38.2%, 50%, and 61.8%. They radiate from the chosen low point to the high point (or vice versa), cutting across the chart.
- Interpretation: Watch how the stock interacts with these lines. When the price approaches an arc, it might encounter resistance or support, signalling a potential change in trend or continuation.
- Timing Entries and Exits: Traders can use the arcs in the stock market as a tool to time their trading decisions. For instance, a bounce could be a signal to enter a trade, whereas the price breaking through might suggest it's time to exit.
Fibonacci Arcs and Market Psychology
The effectiveness of Fibonacci arcs in trading is deeply intertwined with market psychology. They tap into the collective mindset of traders, who often react predictably to certain price levels. The Fibonacci sequence, underlying this tool, is not just a mathematical concept but also a representation of natural patterns and human behaviour.
When a stock nears a curve, traders anticipate a reaction, often leading to a self-fulfilling prophecy. If many traders make an arc stock forecast, they might sell as the price approaches a certain point, causing the anticipated resistance to materialise. Similarly, seeing support at an arc can trigger buying, reinforcing the tool’s power.
This psychological aspect makes Fibonacci arcs more than just technical tools. They are reflections of the collective expectations and actions of market participants, turning abstract mathematical concepts into practical indicators of market sentiment and potential movements.
Best Practices
Incorporating Fibonacci arcs into trading strategies involves nuanced techniques for better accuracy and efficacy. Here are some best practices typically followed:
- Complementary Tools: Traders often pair this tool with other indicators like moving averages or RSI for a more robust analysis.
- Accurate Highs and Lows: It's best to carefully select the significant high and low points, as the effectiveness of the curves largely depends on these choices.
- Context Consideration: Understanding the broader market context is crucial. Traders usually use Fibonacci arcs in conjunction with fundamental factors to validate their analysis.
- Watch for Confluence: Identifying areas where Fibonacci levels converge with other technical signals can provide stronger trade setups.
- Practice Patience: Traders typically avoid making hasty decisions based solely on Fibonacci levels. It's usually better to wait to see additional confirmation from the price action.
Advantages and Limitations of Fibonacci Arcs
Fibonacci arcs are a popular tool in technical analysis, offering distinct advantages and some limitations in analysing stock movements. Understanding these can help traders leverage the tool more effectively.
Advantages
- Intuitive Nature: The Fibonacci sequence is a natural pattern, making the tool intuitive for traders to understand and apply.
- Dynamic Support and Resistance Levels: They provide dynamic levels of support and resistance, unlike static lines, adapting to changing market conditions.
- Versatility: Effective in various market conditions, the arcs can be used in both trending and sideways markets.
Limitations
- Subjectivity in Selection: The effectiveness largely depends on correctly identifying the significant high and low points, which can be subjective.
- Potential False Signals: Like all technical tools, they can generate false signals, especially in highly volatile markets.
- Requires Complementary Analysis: To maximise effectiveness, these curves are usually used alongside other technical indicators, as they are not infallible on their own.
The Bottom Line
Fibonacci arcs are invaluable tools in stock analysis, providing insights into market trends and potential price movements.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
DOGEUSDT | Bullish Cup & Handle Revisiting Target +500% (1 USD)?Price Action and Chart Pattern Analysis:
DOGE cup bottom happened around $0.05 with the rim around $0.48. That gives a depth of roughly $0.42. If the breakout occurs near the rim, the measured move target would be $0.90 zone.
This aligns with several analyst projections suggesting DOGE could reach $0.90 to $1.00 if the breakout confirms.
Another way to project this cup & handle is the fibonacci-based target. These levels suggest that if DOGE breaks above the handle and sustains momentum, $0.85–$1.00 is a realistic zone for profit-taking at 161.8% and 200% extension as 1-2-3 wave pattern.
Reliability of the Cup and Handle Pattern for DOGE
The cup and handle is a classic bullish continuation pattern, but when applied to Dogecoin, its reliability depends on several dynamic factors:
Strengths of the Pattern in DOGE’s Context
Historical Accuracy: DOGE has previously respected technical patterns like rounded bottoms or (THE CUP) and breakout channels (THE HANDLE), especially during alt coin rallies.
Current Setup: a well-formed cup and handle on DOGE’s weekly chart, with price rebounding from $0.14 and testing resistance at $0.2 zone which also the key resistance SMA50W and the downtrend channel (the handle)
WATCH OUT: still a possible throw-under pattern or a final bear trap liquidity below previous low!
Key Action: If breakout confirmed with volume > Follow BUY | if not, wait for retraced SMA20 or breakout support.
Always trade with affordable risk and respect your stop...
The Kiss of Death Trade & Other Reasons for EntryFollowing up on the 2618 opportunity that we looked at on the FOREXCOM:GER40 this past weekend the market has now created more potential trading opportunities to get involved.
1) A bullish bat pattern that has completed due to a result of a complex pullback into the original double bottom.
2) A potential Kiss of Death trading opportunity
3) A bigger potential bullish gartley pattern IF the current 2618 opportunity is violated.
Please leave any questions or comments below & feel free to share your opinion on the setup.
Akil
ETHUSDT 1D Chart Analysis | RSI Strength & Fibonacci TargetsETHUSDT 4H Chart Analysis | RSI Strength & Fibonacci Targets in Play
🔍 Let’s break down the latest ETH/USDT setup — bullish momentum is building with confluences pointing toward key upside targets.
⏳ 4-Hour Overview
Ether continues climbing within a well-defined ascending channel, with recent candles holding above mid-level support. Price is pressing higher from a clean bounce at the 0.5 and 0.618 Fibonacci retracement zone ($2,017–$1,899), signaling the correction has likely ended.
📉 Fibonacci Levels & RSI Confirmation
- The strong recovery aligns with rising volume and a bullish structure.
- RSI is pushing into overbought territory (above 73), often a sign of strength during trends—not exhaustion.
- ETH is now positioned for a breakout continuation move if momentum holds.
🎯 Bullish Targets Ahead
- Immediate resistance: $3,300 (1.414 Fib extension + historical supply)
- Next major target: $3,700 (1.618 extension + upper channel confluence)
- Pullback zones: $2,950 (mid-channel) and $2,017 (Fib support base)
📊 Key Highlights:
- Price is respecting the rising channel structure — higher lows, higher highs in play.
- Volume supports the breakout narrative, rising on green candles.
- RSI breakout supports trend continuation, not exhaustion.
- Targets at $3,300 and $3,700 remain actionable on a confirmed breakout.
🚨 Conclusion:
ETH is showing a multi-variable bullish setup with clear continuation potential. A strong move above $3,300 could quickly send price toward $3,700. Pullbacks to $2,950–$2,017 could offer high-risk/reward re-entry zones. Momentum favors bulls — stay alert.
Wipro AT Best Support Zone These are two daily timeframe charts of Wipro .
In the first chart : Wipro is trading within an ascending parallel channel, with the lower boundary positioned around the ₹251–₹254 zone.
Wipro has previously respected the Fibonacci golden zone, and the stock is once again approaching this key retracement area. A potential bounce from this zone is likely if the level is respected again around 254 near .
If this level is sustain , then we may see higher Prices in Wipro.
Thank You !!
XAUUSD analysis - potential for pullback and continuationOANDA:XAUUSD is currently consolidating near $3,310 after a decisive breakdown below the ascending trendline, signaling a shift in the short-term structure from bullish to bearish. This breakdown was accompanied by strong bearish momentum, indicating that buyers have temporarily lost control of the market.
After the initial drop, the price is now attempting to retrace toward the 0.5–0.618 Fibonacci zone, with the 0.618 level located around $3,335. This zone also coincides with dynamic resistance from short-term moving averages (EMA cluster), making it an important confluence area. A rejection from this level would confirm a bearish retest, supporting the idea of a continuation toward the 1.618 Fibonacci extension near the $3,225 level.
However, if the price breaks and holds above $3,348, the bearish scenario will be invalidated, potentially signaling that buyers are regaining strength and may aim to reclaim higher resistance levels.
Traders are advised to wait for confirmation, such as a bearish engulfing candle, rejection wicks, or a surge in volume, before entering short positions. As always, this is a personal viewpoint, not financial advice. Trade with appropriate risk management.
INTEL INTC Short setup target 15.29Fibonacci technical analysis : Intel Corporation NASDAQ:INTC has already found resistance at the Fib level 61.8% (23.07) of my Down Fib. The May 30th Daily candle has closed below retracement Fib level 23.6% (19.73), confirming a sell signal. A Bear Flag pattern has also formed. My Down Fib guides me to look for NASDAQ:INTC to eventually go down to hit first target at Fib level -27.2% (15.29).
NASDAQ:INTC – Target 1 at -27.2% (15.29), Target 2 at -61.8% (12.26) and Target 3 at -78.6 (10.79)
Stop loss slightly above the 50.0% retracement Fib level (22.04).
Enjoy the trading process and take time to smell the roses🌹
S&P ES Long setup target 5963.50 / Calls SPY target 596Fibonacci technical analysis : S&P 500 E-mini Futures CME_MINI:ES1! has already found support at the Fib level 78.6% (5623.50) of my Down Fib. Last Daily candle (May 2) has closed above retracement Fib level 78.6%. My Down Fib guides me to look for CME_MINI:ES1! to eventually go up to hit first target at Fib level 127.2% (5963.50).
CME_MINI:ES1! – Target 1 at 127.2% (5963.50), Target 2 at 161.8% (6205.50) and Target 3 at 178.6 (6322.75)
Stop loss slightly below the 61.8% retracement Fib level (5506.25).
Option Traders : My AMEX:SPY chart Down Fib shows price to go up to Target 1 at 127.2% (595.82), Target 2 at 161.8% (620.50) and Target 3 at 178.6 (632.50)
Stop loss slightly below the 61.8% retracement Fib level (549).
Enjoy the trading process and take time to smell the roses🌹
Equity Research Report – Polycab India Ltd.✅ Buy Levels
Buy Above: ₹5,800 (post breakout confirmation)
Ideal Entry on Dip: ₹5,765–₹5,785
🎯 Targets
Timeframe Target 1 Target 2 Target 3
15-min ₹5,870 ₹5,950 ₹6,070
1-hour ₹6,070 ₹6,220 ₹6,427 (Fib 61.8%)
🔻 Stop Loss
Intraday SL: ₹5,720
Positional SL: ₹5,650 (below trendline support and 20 EMA)
For Education purposes only
I started this analyses Aug 2022. Now I think HEY can grow to 60After the price breaks € 40, the way is open to grow to € 60.
Ofcourse, with ups and downs in between. Never a straight line.
I strarted my analyses August 2022 and since then, I had almost every movement right.
I advise to work with options on this beside stocks.
AERGO: Golden Pocket Hit – Crash Incoming?On April 3rd, AERGO hit a historic low of $0.04746—and just 13 days later, it's trading around $0.60, an astonishing +1500% surge in less than two weeks. The rapid rise begs the question: What are the bulls aiming for next, and how sustainable is this move?
Key Observations:
Explosive Rally:
AERGO’s meteoric move from $0.04746 to $0.70 in just 13 days has propelled the coin into uncharted territory. Such a dramatic spike is not only eye-catching but also raises concerns about overextension.
RSI Overbought:
The daily RSI sits at 98, indicating extreme overbought conditions. This level suggests that the current rally is unsustainable and may be ripe for a pullback.
Historical Resistance Levels:
Looking back at 2021, key highs were established around $0.60 to $0.62. These levels serve as critical resistance zones.
Fibonacci Confluence:
Taking the Fibonacci retracement from the low at $0.04746 to the previous rally's high at $1.0809 (April 13, 2024), the 0.618 level is projected at $0.68613. The bulls just tested that golden pocket.
Trade Strategy & Potential Setups:
For Longs:
With the market showing signs of being overbought (RSI at 98) and the explosive move possibly winding down, this may be the perfect opportunity to take profits rather than accumulate further.
Take Profit Consideration:
Target: Near the 0.618 fib retracement at $0.68613.
Observation: If bulls push beyond this level, the move might extend — however, the risk of a sharp pullback is high given current overbought conditions.
For Shorts:
A corrective move is very much on the table, and traders looking to short should focus on the key resistance zone between $0.60 and $0.70.
Short Setup:
Entry: Look to initiate shorts near the $0.60–$0.70 zone.
Target: $0.4 and $0.2 as take profit targets
The Big Question:
Will AERGO drop as sharply as it surged? Given the extreme overbought conditions and the rapid, unsustainable spike, a healthy—and perhaps brutal—correction seems very possible. Keep a close eye on volume and price action near the $0.60–$0.70 resistance zone and be ready to adjust positions accordingly.
Anyone riding this wave has experienced one of the wildest moves in recent memory. For those in long positions, consider taking profits now; for potential short traders, watch those key levels tightly. The market's rhythm will soon reveal its next chapter.
IT IS NOT TRADING CALLS!! IT IS TRADING ANALYSIS ONLYThis Trading Analysis is based on Elliot Wave Analysis combined with Fibonacci Ratios. The EW is to project the price direction/movement in the future while the Fibonacci Ratios is used for measuring the target price whether as Support or Resistance. Hope everyone can enjoy my analysis. THANK YOU.






















