Observations:
Price is above the 200-period SMA (green line), indicating long-term bullishness.
Recently tested the 50-period SMA (red line) as support but is hovering near it.
RSI: Neutral zone (45–53), indicating no strong momentum in either direction.
Signal:
Buy range: $93,000–$94,500
Target: $99,000–$102,000
Stop Loss: $91,000
Price is above the 200-period SMA (green line), indicating long-term bullishness.
Recently tested the 50-period SMA (red line) as support but is hovering near it.
RSI: Neutral zone (45–53), indicating no strong momentum in either direction.
Signal:
Buy range: $93,000–$94,500
Target: $99,000–$102,000
Stop Loss: $91,000
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.