Key price levels marked in green ๐ข and red ๐ด show potential "Winner" and "Loser" zones:
1๏ธโฃ Winner Zones (Resistance)
Break above 0.007312 could drive price higher ๐ Stronger resistance at 0.010810 to confirm uptrend ๐ผ Higher targets at 0.017108 and 0.025640 ๐ 2๏ธโฃ Loser Zones (Support)
First support at 0.004441; a fall below signals potential downtrend ๐จ Further support at 0.003255 and 0.002162 ๐ ๐ Channel & Trend Lines: Price is moving within a descending channel โก๏ธ Breakout from this could indicate a reversal ๐
Trading Strategy:
๐ If price enters green zones and breaks resistances, consider buying positions. ๐ If price drops into red zones and fails to hold support, selling or avoiding buys might be wise.
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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.