š» Support Level 1: $15.65 This is a crucial level where the price might find support. If the price breaks below, we could see further downside. Watch closely for a potential bounce here.
šŗ Resistance Level 1: $17.00 A strong resistance lies around $17.00. If the price breaks above this, it could trigger a bullish move, aiming for higher targets.
šÆ Target 1: $18.00 With a breakout from the resistance, $18.00 could be the next significant level to target. Watch for volume confirmation before entering a trade.
š Bearish Target: $15.00 If the price fails to hold above $15.65, $15.00 could be the next major support. This is a key level to monitor for possible bearish momentum.
š°ļø Trade Strategy:
Buy on support ($15.65) if the price holds, targeting $17 and $18.
Sell on resistance near $17, or wait for a confirmed breakout above to target $18.
š Reminder: Always consider market conditions, use proper risk management, and stay updated on any fundamental news that could impact price action!
