The price has broken below the 82K level, initiating a bearish trend. We anticipate that the price will move into a new bearish zone, falling from 82K toward 80K. At the 80K level, a correction is expected before an attempt to break below it. If the price drops below this level, further decline toward 75K is likely.
Additionally, the possibility of another correction remains. The price may reverse and move toward the 83K and 84K levels.
Bearish target: 80K, 75K, 70K
Bullish target: 82K, 86K, 88K
Additionally, the possibility of another correction remains. The price may reverse and move toward the 83K and 84K levels.
Bearish target: 80K, 75K, 70K
Bullish target: 82K, 86K, 88K
Trade active
As mentioned, the price made a correction before declining and trading below the 80K support level. As long as it remains below this level, further decline toward 75K is expected.
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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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.