1. Support and Resistance Levels:** - Support:** Around $82.80. - Resistance:** Approximately $88.00 and $96.82. - 📉🛑
2. Trend Channels:** - Currently, the price is moving within a horizontal range and appears to be awaiting a breakout. - 📈📊
3. Trading Strategy:** - Buy Zone:** Enter buy positions if the price breaks and surpasses the $84.15 level. - Target Price (TP):** - TP-1:** $96.82 - 💹💰 -Stop loss: 82.80 ⛔
4. Overall Trend:** - The current trend is in consolidation. If the price can break the $88.00 resistance level, it is likely to move towards the higher target price. - 🚀📈
In summary, consider entering buy trades if the price breaks the $88.00 resistance level and aim for the target price of $96.82.
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