the price range between $32.00 and $32.15 is a critical resistance zone where many sellers are positioned. This area also coincides with an important order block and a Quasimodo (QM) pattern. These factors suggest a strong likelihood of resistance and potential reversal at this level. Traders should watch this zone closely for signs of selling pressure and potential short opportunities.
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.