Support: $1.350 - $1.320 – Bulls must defend to avoid further correction.
Resistance: $1.400 - $1.450 – Breakout zone for another leg up.
📈 Long Setup (Bullish Play):
Entry Zone: $1.340 - $1.370 (Buy on dips)
Take Profit Targets:
TP1: $1.420
TP2: $1.480
TP3: $1.550+
Stop Loss: Below $1.310
📉 Short Setup (Bearish Play):
Entry Zone: $1.400 - $1.450 (Short if rejection confirmed)
Take Profit Targets:
TP1: $1.350
TP2: $1.300
TP3: $1.250
Stop Loss: Above $1.460
📊 Market Insight: $CITY saw a massive spike but faced strong rejection near $1.500, leading to a pullback. If support at $1.350 holds, a retest of $1.400+ is likely. However, failure to hold could trigger further downside.
💡 Pro Tip: Watch for bullish confirmation above $1.400 before entering a breakout trade! 🚀🔥