Price is pressing into a key resistance zone near the 50% retracement level, aligning with prior supply. If we see a decisive breakout and hold above this “strong map” zone, the setup starts to resemble a long-term double bottom structure—often a precursor to multi-quarter upside trends.
Volume is healthy, structure remains bullish, and the higher timeframe fib targets point toward 217, 237, and potentially 265 if momentum persists. Risk remains in the short-term if sellers defend the premium zone, but as of now, trend bias is still to the upside.
Key levels to watch:
Support: 187.7 / 175 (equilibrium)
Resistance: 206.3 (break & hold could trigger trend acceleration)
Fib extensions: 217, 237, 265
📊 VolanX Trend Rating: Bullish until proven otherwise
Disclaimer: This is not financial advice. Markets carry risk—manage accordingly.
Volume is healthy, structure remains bullish, and the higher timeframe fib targets point toward 217, 237, and potentially 265 if momentum persists. Risk remains in the short-term if sellers defend the premium zone, but as of now, trend bias is still to the upside.
Key levels to watch:
Support: 187.7 / 175 (equilibrium)
Resistance: 206.3 (break & hold could trigger trend acceleration)
Fib extensions: 217, 237, 265
📊 VolanX Trend Rating: Bullish until proven otherwise
Disclaimer: This is not financial advice. Markets carry risk—manage accordingly.
Trade attivo
Trade chiuso: obiettivo raggiunto
Nota
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Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
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WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.