14/07/2025
🔍 Key Analysis:
Trend: Price is moving within an ascending channel (yellow lines).
Support Zone: Around $3,318.98 – $3,309.91 (green area)
If price drops, this zone may provide buying opportunities.
Resistance Zone: Around $3,365 – $3,373.76 (red line area)
If price breaks above this zone, it could signal a strong bullish move.
Supply Zone / Long-term Resistance: $3,434.38 – $3,449.86
A key level where sellers may step in again.
✅ Bullish Scenario:
A breakout above resistance could lead to further upward momentum toward the long-term supply zone.
Summary: The chart suggests a bullish bias, especially if price breaks above the resistance area. However, watch for reactions at support or possible reversals near the long-term supply zone.
