Current Price: $255.90 (+0.36%)
🔑 Key Levels to Watch:
Resistance:
$257.91 – A breakout here signals bullish continuation.
$264.39 – Strong barrier; clearing this confirms upward momentum.
Support:
$253.51 – Immediate level; holding this sustains bullish sentiment.
$251.47 – Deeper support; breakdown intensifies selling pressure.
📈 Market Insights:
RSI: Neutral at 50.30; poised to flip bullish if price breaks resistance.
MACD: Bearish momentum diminishing; consolidation hints at reversal.
🎯 Trading Strategy:
Bulls:
Entry: Near $253.51.
Targets: $257.91 → $264.39.
Stop-loss: Below $251.47.
Bears:
Entry: If $253.51 breaks.
Target: $251.47.
Stop-loss: Above $255.00.
⚡ Actionable Insight:
Monitor volume and price action at these critical levels. Momentum could shift rapidly—be prepared for both scenarios!
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