NTLA: reached key resistance zone

yesterday

Price has followed through strongly from the mid-term support outlined in the September update, moving directly into the target mid-term resistance zone.

As long as the price remains below 30, I expect a near-term pullback below the 21dEMA to complete the first leg of decline.

If, however, the price breaks out above the October highs, it would open the door for further extensions toward the 31–34 resistance zone in the short term.

Chart:


Previously:
On bullish trend structure and support zone (Sep 26):
Chart:
https://www.tradingview.com/symbols/NASDAQ-NTLA/minds/?mind=B8f6LFmoSxGopGg

On resistance zone and pullback potential (Oct 8 and Oct 13):
Chart:
See weekly review: https://www.tradingview.com/chart/BITF/MXF8r9gK-Weekly-Chart-Review-Oct-6-10-2025/

3 hours ago

Trade closed: target reached

That was fast