Price / Momentum: Weekly close $122.94 (+1.39%); currently challenging minor resistance near $123. The structure shows sideways consolidation after a sharp run-up earlier in the year.
Volume: Volume is subdued compared to the February–April surge, indicating a lack of strong conviction yet. A volume spike would be needed to confirm a breakout.
Structure / Pattern: Price remains in a horizontal range between $105 (support) and $141 (resistance). The recent higher low near $116.7 suggests buyers are defending dips.
Key Levels:
Resistance/Breakout: $123.3, then $129.9 → $136.5 → $143.1 → $149.8 (upside targets).
Support: $116.7 (near-term); $105.5 (major support).
Bias & Trade Idea: Neutral-to-bullish bias while above $116.7. A decisive breakout above $123–124 with volume could open room toward $130+. Failure to clear $123 soon could lead to another retest of $116–105 support zone.
⚠️ Disclaimer: This chart is for educational purposes only.
Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions.
Volume: Volume is subdued compared to the February–April surge, indicating a lack of strong conviction yet. A volume spike would be needed to confirm a breakout.
Structure / Pattern: Price remains in a horizontal range between $105 (support) and $141 (resistance). The recent higher low near $116.7 suggests buyers are defending dips.
Key Levels:
Resistance/Breakout: $123.3, then $129.9 → $136.5 → $143.1 → $149.8 (upside targets).
Support: $116.7 (near-term); $105.5 (major support).
Bias & Trade Idea: Neutral-to-bullish bias while above $116.7. A decisive breakout above $123–124 with volume could open room toward $130+. Failure to clear $123 soon could lead to another retest of $116–105 support zone.
⚠️ Disclaimer: This chart is for educational purposes only.
Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions.
Creator of “VaultSignal Weekly, SignalSurge Daily, ProChart Future Hourly, – Invite-only scripts. Access available via profile. t.me/+Mdc4fo9qxn8zNzI1
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Creator of “VaultSignal Weekly, SignalSurge Daily, ProChart Future Hourly, – Invite-only scripts. Access available via profile. t.me/+Mdc4fo9qxn8zNzI1
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.