Maintaining the support range
The range between $6.715 and $6.350 is critical. This area acts as a strong support zone, and maintaining it could be the foundation for a strong upward movement.
If the price manages to hold the support range, we expect it to reach the level of $7.117. This level can act as a price target, which could be achieved with increased demand and sustained support.
If the price manages to hold the support range, we expect it to reach the level of $7.117. This level can act as a price target, which could be achieved with increased demand and sustained support.
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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.