SoundHound bounced perfectly off the SMA 200 ($8.28), confirming it as key support (S1). This remains a critical level to hold.
I’ve now added S2 ($7.94), S3 ($7.28), and S4 ($6.10) as additional downside levels to watch. If the SMA 200 fails, I’d anticipate further downside, especially in the current bearish market environment.
Keeping a close eye on price action at these levels. Stay tuned for updates.
I’ve now added S2 ($7.94), S3 ($7.28), and S4 ($6.10) as additional downside levels to watch. If the SMA 200 fails, I’d anticipate further downside, especially in the current bearish market environment.
Keeping a close eye on price action at these levels. Stay tuned for updates.
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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.