PM is currently retesting the 155–157 resistance zone, which previously acted as a major support area and now aligns with the 50-day SMA.
This makes the zone a critical decision point.
Bullish Scenario (If breakout occurs)
If price breaks and holds above 157–160:
Bullish Targets:
• $165
• $171
• $178
Bearish Scenario (More likely unless breakout confirmed)
If price gets rejected again:
Bearish Targets:
• $150
• $145
• $140 (key structural support)
Stop Loss
• Long: below $154
• Short: above $160.50
This makes the zone a critical decision point.
Bullish Scenario (If breakout occurs)
If price breaks and holds above 157–160:
Bullish Targets:
• $165
• $171
• $178
Bearish Scenario (More likely unless breakout confirmed)
If price gets rejected again:
Bearish Targets:
• $150
• $145
• $140 (key structural support)
Stop Loss
• Long: below $154
• Short: above $160.50
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
