Huge dump after price hit the Rejection Zone (114.9–115.8). This key area acted as strong resistance — sellers took control fast.
Reason for drop:
Price faced strong sell pressure at the top, leading to a sharp move down. Weak hands flushed, high volume sell-off.
Current price: Around $105.25
Bounce expected with short targets:
Target 1: 105.79
Target 2: 106.66
Target 3. 108.02
Watching for bullish reaction here before any recovery. Break below \$104 again could lead to $101.68 (major support).
Reason for drop:
Price faced strong sell pressure at the top, leading to a sharp move down. Weak hands flushed, high volume sell-off.
Current price: Around $105.25
Bounce expected with short targets:
Target 1: 105.79
Target 2: 106.66
Target 3. 108.02
Watching for bullish reaction here before any recovery. Break below \$104 again could lead to $101.68 (major support).
Trade ist aktiv
Absolutely! Here's a **short and sharp TradingView-style idea update** reflecting the current bullish progress toward the next targets:---
Update: Bullish Progress After Rejection Zone Dump
Target 1 (\$105.79) has been successfully hit ✅
Price is now trading near $106.58, showing continued bullish intent and consolidating just below Target 2 (\$106.66).
🔄 Market is currently moving in a tight consolidation range, indicating potential accumulation before the next leg up.
🟢 As long as price holds above $105.00, momentum favors a push toward our remaining targets:
➡️ Target 2: \$106.66
➡️ Target 3: \$108.02
Monitoring for a clean breakout from this range to confirm continuation.
Trade geschlossen: Ziel wurde erreicht
Publication update ,Target 1: 105.79
Target 2: 106.66
Two of our target direct engagement of price reached , Moreover , Price moved in favor 107.6180 . Shown little rejection but its gaining pace again.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
