Strong support zone: 84,500–84,600. Buyers have defended it multiple times.
Immediate resistance: 84,780–84,820. A clean breakout above this can trigger momentum.
If price holds above the breakout retest area, the structure supports a steady grind up toward:
85,200
85,500
85,750–85,800 (major supply zone)
Bias: Bullish as long as 84,500 is protected.
Invalidation: Breakdown below 84,500 → trend weakens again.
Disclaimer: This is not financial advice. Do your own analysis before taking any trade.
Immediate resistance: 84,780–84,820. A clean breakout above this can trigger momentum.
If price holds above the breakout retest area, the structure supports a steady grind up toward:
85,200
85,500
85,750–85,800 (major supply zone)
Bias: Bullish as long as 84,500 is protected.
Invalidation: Breakdown below 84,500 → trend weakens again.
Disclaimer: This is not financial advice. Do your own analysis before taking any trade.
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.
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.