Possible Scenarios:
🔻 Bearish Bias (Primary Scenario)
Price is currently reacting from the 30-min supply zone.
Under the descending trendline, maintaining lower highs.
If rejection confirms, we may see a move down toward the 3310 level, and possibly into the 4H Demand Zone.
Price Levels:
Daily Swing Decision Level: 3365 — Sell below / Buy above level.
Current price: 3336.80, just under this swing level, indicating bearish pressure.
Immediate support: 3310, critical for buyer interest.
Lower support: 3296.62, likely the next demand area if 3310 fails.
🔻 Bearish Bias (Primary Scenario)
Price is currently reacting from the 30-min supply zone.
Under the descending trendline, maintaining lower highs.
If rejection confirms, we may see a move down toward the 3310 level, and possibly into the 4H Demand Zone.
Price Levels:
Daily Swing Decision Level: 3365 — Sell below / Buy above level.
Current price: 3336.80, just under this swing level, indicating bearish pressure.
Immediate support: 3310, critical for buyer interest.
Lower support: 3296.62, likely the next demand area if 3310 fails.
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.