Not following me, you gonna miss outđ
Going as per plan believe the chart not me âïž
After a long downward consolidation, RIO seems to be attempting a reversal, now trading just below the Ichimoku cloud, which acts as dynamic resistance.
The Bollinger Bands are starting to expand, indicating increased volatility after a period of price compression.
A bullish breakout above the Ichimoku Cloud (around $0.746-$0.811) could signal a significant bullish trend continuation.
Key Resistance Levels:
$0.746 (Short-term Resistance): The current price is trading just below this level. Breaking this could lead to a bullish continuation to higher targets.(Already broke đ„)
$0.811 (Mid-term Resistance): A significant resistance zone. If RIO manages to breach this, the next targets could be much higher.
$1.018 (Long-term Resistance): This psychological level will serve as a critical breakout point for long-term bullish sentiment. A rally to this level could attract major buyers into the market.