SOYBEAN at Key Resistance Level – Will Sellers Take Control?

21 gen

SOYBEAN has reached a significant resistance level. This level has consistently acted as a key area of interest where sellers regained control, leading to prior reversals. If the price action confirms a rejection, I anticipate a move downward toward the 1,030 level.

However, if the price successfully breaks and holds above the zone, this would invalidate the bearish outlook and could open the door for further upside. Traders should monitor price action closely at this critical resistance area.

Proper risk management is essential, given the possibility of price breaking higher. If this analysis resonates with you or you have a different perspective, feel free to discuss in the comments!

21 gen

Trade attivo

10 mar

Trade chiuso: obiettivo raggiunto

Take Profit Reached