Price is approximately 58,970
MA7 (58,696) is above and MA25 (58,874) is above, which is a slightly bullish signal in the short term.
MA99 (59,737) is currently above, so there is strong resistance.
RSI is around 66, meaning the market is somewhat close to being overbought, so a pullback may occur as price moves up.
Close strongly above 59,100 and the volume should also be good.
Stop Loss: Approximately 58,850
Take Profit: 59,300–59,600
Give a clear breakdown below 58,850.
Stop Loss: 59,050
Take Profit: 58,500–58,300
MA7 (58,696) is above and MA25 (58,874) is above, which is a slightly bullish signal in the short term.
MA99 (59,737) is currently above, so there is strong resistance.
RSI is around 66, meaning the market is somewhat close to being overbought, so a pullback may occur as price moves up.
Close strongly above 59,100 and the volume should also be good.
Stop Loss: Approximately 58,850
Take Profit: 59,300–59,600
Give a clear breakdown below 58,850.
Stop Loss: 59,050
Take Profit: 58,500–58,300