Price tapped into the Reversal Block and is now dancing under trendline resistance—setting up for a potential breakdown. If momentum holds, we may see price gravitate toward the retest zone near 3,320 or even the gap magnet at 3,289. However, if buyers defend the YL zone, we could get a sharp bounce and retest the previous value areas.
⚔️ Battle lines are drawn. Watch for break or bounce—momentum will speak.
⚔️ Battle lines are drawn. Watch for break or bounce—momentum will speak.
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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.