*Current Price:* $164.80
*15m Change:* -3.52%
*Key Levels:*
- *Support:* $164.45
- *Resistance:* $174.00
- *Potential Targets:* $163.97, $167.47
*Market Analysis:*
1. Profit-taking or strong resistance at $174.00 led to the sharp decline.
2. Failure to hold $164.45 support may result in further downside pressure.
3. Potential rebound toward $167.47 if support is found.
*Trader's Strategy:*
1. Set tight stop-losses for swift recovery or breakdown.
2. Monitor price action around key levels.
3. Consider buying dips or selling rallies.
*Technical Indicators:*
- RSI (14): 43.21 (neutral)
- MACD (12, 26): bearish crossover
- Moving Averages: 50-MA ($169.31), 200-MA ($176.54)
*Stay Alert:*
1. Volatility expected around key levels.
2. Market sentiment may shift rapidly.
3. Adjust strategies according to price movements.
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