Stability below the pivot zone, which ranges between 5080 and 5095, indicates a bearish trend with the price likely to descend to 5055 and potentially further to 5025. Currently, the candle is positioned below this pivot zone. Conversely, a reversal and subsequent stabilization above 5096 would signify the initiation of a bullish trend, to reach 5140.
Pivot line: 5080
Resistance Prices: 5095 & 5140 & 5178
Support Prices: 5055 & 5025 & 4988
The movement range will be between support 5025 and Resistance 5140
Pivot line: 5080
Resistance Prices: 5095 & 5140 & 5178
Support Prices: 5055 & 5025 & 4988
The movement range will be between support 5025 and Resistance 5140
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~6 analyses per day. With a clear entry point
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