🔻
Ticker: SMR
Timeframe: 30-min chart
Current Price: $30.24
% Change: +19.43%
🔍 Technical Highlights
Rising wedge pattern breakdown expected (bearish signal).
Price is struggling to break above a key resistance zone (yellow line), marked with a yellow circle.
Strong prior move suggests overextension and potential for pullback.
🎯 Trade Plan
Entry Zone: $30.24 (resistance retest zone)
Stop-Loss (SL): $32.08 (above wedge top – white line)
Target 1 (TP1): $28.22 (first red support line)
Target 2 (TP2): $26.13 (green support level)
✅ Trade Bias
Bearish below $30.50
Neutral in $30.50–$32.00 range
Invalidated above $32.08
Ticker: SMR
Timeframe: 30-min chart
Current Price: $30.24
% Change: +19.43%
🔍 Technical Highlights
Rising wedge pattern breakdown expected (bearish signal).
Price is struggling to break above a key resistance zone (yellow line), marked with a yellow circle.
Strong prior move suggests overextension and potential for pullback.
🎯 Trade Plan
Entry Zone: $30.24 (resistance retest zone)
Stop-Loss (SL): $32.08 (above wedge top – white line)
Target 1 (TP1): $28.22 (first red support line)
Target 2 (TP2): $26.13 (green support level)
✅ Trade Bias
Bearish below $30.50
Neutral in $30.50–$32.00 range
Invalidated above $32.08
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.
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.