🚀 support and resistance levels and bullish or bearish analysis
Resistance Levels:
$2,244 – Recent high; immediate resistance.
$2,419 – Previous resistance level marked on the chart.
$2,688 – A major resistance zone above, likely from a past high.
Support Levels:
$2,105 – MA(99) level; important dynamic support.
$1,931 – MA(7) level; short-term support.
$1,777 – MA(25) level; medium-term support.
$1,820 – Recent 24h low; may act as minor support if price retraces.
Technical Notes:
The MACD shows a strong bullish crossover.
The volume spike supports bullish momentum.
Price has broken above major moving averages, signaling possible continuation if resistance at $2,244 breaks.