The price has broken above the resistance line of bearish pennant pattern. If the market confirms the support above this range then the market will move towards 60300$ , Hope the market will take rejection from this range but If the market breaks the range of 60300$ then the market will move towards 62k and from there a clear dejection is anticipated
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The price action is forming a bearish pennant pattern, suggesting a potential continuation of the downward trend. Key support is near 53,000, with a potential for further declines if this level is breached. We should be cautious and watch for a breakdown below the support line, which could signal further bearish momentum 📉
The price action is forming a bearish pennant pattern, suggesting a potential continuation of the downward trend. Key support is near 53,000, with a potential for further declines if this level is breached. We should be cautious and watch for a breakdown below the support line, which could signal further bearish momentum 📉
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