Will this be the last breakout at the 94K level?
If the price bounces off the 94,135 support level or the lower channel boundary, it could move toward the 101,929 resistance level. Breaking this resistance would confirm bullish momentum, with a possible target of 109,597. However, a failure to hold 94,135 could lead to further declines toward 91,262.
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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.