▪️ Hello everyone ✌ By examining the chart in the time frame of 12 hours,as you can see, due to the break of the dynamic resistance, the price faced buying pressure after a slight fluctuation from the $95 range and managed to grow to the $102 range. It is currently trading in the 102 range.📊
📈The scenario that we can consider, in case of breaking the important resistance range and stabilizing above the $108 range, after the fluctuation, the price will grow again to the desired targets of the 118/126 range.
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🔸We have to see how how the price will react to the important resistance range of $108.⚠️ Otherwise, it may be rejected from the range of $108.‼️
⚠️Keep in mind that maintaining the range of $95 is important to continue the positive trend.
▫️The current price : 102.38💲
▫️TF : 12-H
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
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