EAND – Gaining Momentum for the Next Move

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Etisalat Group appears to have bottomed, establishing a key accumulation range between 15.74–18.58 AED. Price is currently playing within this range, building a solid base after a prolonged downtrend.

If Etisalat breaks above the 18.58 AED resistance with strong volume and follow-through, it opens the door to a clean upside move toward the next key levels:

  • T1: 20.14 AED
  • T2: 22.24 AED
  • T3: 25.88 AED
  • T4: 28.70 AED


The structure is tight and range-bound, but the market sentiment shows early signs of strength. A breakout from this base would confirm a shift in trend and could trigger a mid- to long-term bullish leg.

📌 Risk management: The 15.74 AED level serves as the invalidation zone. As long as price holds above it, bulls remain in control of the setup.

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