- Higher red bars (selling volume) in recent declines indicate strong selling pressure.
- Support Zone: Around 5400-5500 (recent lows, lower Bollinger Band).
- Resistance Zone: Around 5800-6000 (upper Bollinger Band, previous swing highs).
- A failure to hold above 5500 could lead to another retest of recent lows (5200-5300).
➀➁➂➃➄
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.
➀➁➂➃➄
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.