💰 A more detailed breakdown!
The current market structure points toward a potential move to the $71,300 resistance, as there are no major barriers below that could significantly stop the upside move
🔤 But! There’s one important condition — this scenario will only be fully confirmed if we get a daily close above $66,700 today
If we get that confirmation, I’ll be looking for continued upside toward the next resistance at $71,300, where I’ll start watching closely for a potential reversal reaction.
The current market structure points toward a potential move to the $71,300 resistance, as there are no major barriers below that could significantly stop the upside move
🔤 But! There’s one important condition — this scenario will only be fully confirmed if we get a daily close above $66,700 today
If we get that confirmation, I’ll be looking for continued upside toward the next resistance at $71,300, where I’ll start watching closely for a potential reversal reaction.