hi traders,
Currently, PayPal is trading around the $68 level, but the chart suggests that the stock may not yet be ready to resume a sustained bullish trend. Based on the technical setup, we anticipate a possible drop in the coming months before a new bull run begins.
The key buy zone to watch is in the range of $54–$50. This area aligns with a strong support zone and potential trendline confluence, making it an attractive entry level for long-term investors.
Our expectation is that price action will retest this zone before reversing upward and starting the next significant bullish leg. Traders should remain patient and look for confirmation signals once PayPal approaches this support area.
Currently, PayPal is trading around the $68 level, but the chart suggests that the stock may not yet be ready to resume a sustained bullish trend. Based on the technical setup, we anticipate a possible drop in the coming months before a new bull run begins.
The key buy zone to watch is in the range of $54–$50. This area aligns with a strong support zone and potential trendline confluence, making it an attractive entry level for long-term investors.
Our expectation is that price action will retest this zone before reversing upward and starting the next significant bullish leg. Traders should remain patient and look for confirmation signals once PayPal approaches this support area.
💥 Free signals and ideas ➡ t.me/vfinvestment
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
💥 Free signals and ideas ➡ t.me/vfinvestment
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.