ABNB is trading inside a descending channel.
Price is now testing the top and we might see an attempt to break in the next few sessions.
160 level has been extremely hard to break, it already tried twice and failed, causing a big sell.
This level now is likely to break if price makes another try.
Also, we can clearly see an ascending channel forming (red dotted), as long price is riding and forming this channel, we can see highs.
Levels to watch: 156.75 - 160 - 165.20 - 171.60
Price is now testing the top and we might see an attempt to break in the next few sessions.
160 level has been extremely hard to break, it already tried twice and failed, causing a big sell.
This level now is likely to break if price makes another try.
Also, we can clearly see an ascending channel forming (red dotted), as long price is riding and forming this channel, we can see highs.
Levels to watch: 156.75 - 160 - 165.20 - 171.60