""""


Uptrend: The price is currently at 2,391.65, and it is moving above the three moving averages (MA7, MA25, MA99), which gives a strong positive signal in the short term!!
Moving Averages__ We notice that the fast average (yellow MA7) is above the medium average (purple MA25), and both are above the long-term average (lavender MA99), which is a classic order for an uptrend!;:٫

Momentum: The recent candles are green with relatively good trading volumes, which enhances the likelihood of breaking the recent high at 2,399.50''
2. Targets First target (near 2,400$ - 2,405$)
This represents the psychological barrier and breaking the high shown in the chart.."

Second target (medium): 2,425$
If stability is maintained above the 2,400 level, it will open the door for more upward movement.;;;""
Third target (far): 2,450$

3. Support levels and stop-loss ("Support""
First support: 2,380$ (represented by the yellow MA7 line), breaking this level may lead to a slight correction_;;٫

The most important support (stop-loss): 2,367$ (MA25 line). Staying above this level maintains the positive outlook for the current chart;;٫;;;"!

Local bottom: The 2,331$ level represents a very strong support zone (MA99;٫::٫

#GateSquareMayTradingShare

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RedAdeman
· 8h ago
Just charge forward 👊
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