• Current trend: strongly bullish, with a very large daily candle.
• ⚠️ The RSI indicator is at very high levels (above 90), meaning the coin is in an overbought zone. Profit-taking or a near-term correction may occur.
• 📊 MACD is positive and confirms the continuation of upward momentum, but after this big surge, the likelihood of choppiness increases.
Key levels:
• Resistance: 0.2440 then 0.2528.
• First support: 0.2140.
• Stronger support: 0.1750–0.1800.
Outlook:
• If 0.2440 is broken with strong trading volume, it could target $0.25–$0.28.
• If the breakout fails, it’s natural to see a pullback toward 0.21 or even 0.18 before attempting another rise.
#SamsungSKHynixSharesRiseYTD #DowHitsRecordClose #SupremeCourtBlocksTrumpFromRemovingFedCook #StrategyAuthorizes$2BBuyback #YenHitsFourDecadeLowVsDollar $IN
• ⚠️ The RSI indicator is at very high levels (above 90), meaning the coin is in an overbought zone. Profit-taking or a near-term correction may occur.
• 📊 MACD is positive and confirms the continuation of upward momentum, but after this big surge, the likelihood of choppiness increases.
Key levels:
• Resistance: 0.2440 then 0.2528.
• First support: 0.2140.
• Stronger support: 0.1750–0.1800.
Outlook:
• If 0.2440 is broken with strong trading volume, it could target $0.25–$0.28.
• If the breakout fails, it’s natural to see a pullback toward 0.21 or even 0.18 before attempting another rise.
#SamsungSKHynixSharesRiseYTD #DowHitsRecordClose #SupremeCourtBlocksTrumpFromRemovingFedCook #StrategyAuthorizes$2BBuyback #YenHitsFourDecadeLowVsDollar $IN