Support Levels: Historical Lows: Previous significant low points where the price has found buying interest. Psychological Levels: Round numbers or significant milestones often act as support (e.g., 4,000 or 3,500). Moving Averages: Key moving averages, like the 50-day or 200-day, can also act as support levels. Resistance Levels: Historical Highs: Previous significant high points where selling pressure was strong. Psychological Levels: Just as with support, round numbers or major levels (e.g., 4,200 or 4,500) can act as resistance. Trendlines: Lines drawn connecting previous highs can serve as resistance.
Support Levels: 5,430 5,410 5,390 Resistance Levels: 5,470 5,490 5,510
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