Shodoz
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Bullish
Financial Insight:
Scenario 1: Bullish Continuation
If $95,700.00 holds as a support level, a bounce-back could lead to retesting $108,353.00.
A breakout above $108,353.00 would open the door for higher targets, especially as momentum remains positive in the broader trend.
Scenario 2: Bearish Pullback
If $95,700.00 fails as support, the next key level is around $75,000.00 (aligned with the previous resistance-turned-support and MA7).
The retracement would reset overbought conditions, potentially setting the stage for a healthier rally.
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Expected Direction: Short-term correction toward $95,700.00 or lower support zones before a potential rebound. The broader trend remains bullish unless key support levels are breached.
Stay cautious and monitor key levels closely before making decisions!
Scenario 1: Bullish Continuation
If $95,700.00 holds as a support level, a bounce-back could lead to retesting $108,353.00.
A breakout above $108,353.00 would open the door for higher targets, especially as momentum remains positive in the broader trend.
Scenario 2: Bearish Pullback
If $95,700.00 fails as support, the next key level is around $75,000.00 (aligned with the previous resistance-turned-support and MA7).
The retracement would reset overbought conditions, potentially setting the stage for a healthier rally.
---
Expected Direction: Short-term correction toward $95,700.00 or lower support zones before a potential rebound. The broader trend remains bullish unless key support levels are breached.
Stay cautious and monitor key levels closely before making decisions!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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