The price is close to resistance. If it gets rejected, most likely we will see 13 % drop and retest of the support around $257.
However, if the price breaks above the resistance, we can see beautiful 12 % pump towards the next key level.
How to trade: 1. Short the resistance with a tight stop loss above the resistance. Take profit at $257. 2. Long the breakout above the resistance. Don´t forget to put a stop loss after entering your long.
Pick your side and make money in this market. Good luck
Trade closed: target reached
bull target reached. Price at the resistance, expect the pullback
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