the price is currently stabilizing above the support level at 2934, which is providing upward momentum. As long as the price stays above this level, there is a strong likelihood it will continue its upward movement towards the next resistance at 2955. If the price successfully breaks this resistance level, it is expected to rise further, possibly reaching new highs, as indicated by the target zones above.
However, if the price drops below 2934, it would signal a potential shift, causing the price to move between this level and 2908. This range-bound movement would suggest a lack of clear directional momentum, with the price caught in a consolidation phase. The overall structure indicates that holding above the support zone at 2934 remains crucial for bullish continuation, while any breakdown below this level would point to further consolidation or a bearish reversal.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.