$CIEN : Bouncing Off $316, Facing Resistance Near $335
CIEN trades near $326.73, up about 2.6% in 24h, after a drop from the $362 peak and a rebound from the $315.66 low on the 4h chart. The 24h high at $327.42 is the first resistance, with the $335 zone above it. I want a clean 4h close above $335 before calling a recovery, while a break below $315 would reopen the downside. Volume is only about $0.4M, so moves can be exaggerated.
Does $CIEN clear $335, or roll over from here?
⚠️ This is a thin, pre-market stock perp, so prices can gap when the stock market reopens. Not financial advice.
— ANiii Trader Analysis 📊
👇 Trade on Binance
$DOOD
CIEN trades near $326.73, up about 2.6% in 24h, after a drop from the $362 peak and a rebound from the $315.66 low on the 4h chart. The 24h high at $327.42 is the first resistance, with the $335 zone above it. I want a clean 4h close above $335 before calling a recovery, while a break below $315 would reopen the downside. Volume is only about $0.4M, so moves can be exaggerated.
Does $CIEN clear $335, or roll over from here?
⚠️ This is a thin, pre-market stock perp, so prices can gap when the stock market reopens. Not financial advice.
— ANiii Trader Analysis 📊
👇 Trade on Binance
$DOOD
