The 1.380 ~ 1.440 zone remains a strong resistance area... Price has struggled to break through this level before.
This is still a purebear stock, trading fully within a long-standing downtrend channel... The support zone sits around 1.180 ~ 1.270. Let’s see if price pullback to test this area... or if it breaks down further, continuing the bearish momentum.
Disclaimer: This is not a buy/sell call. Always evaluate market conditions and manage risk based on your own trading plan.
This is still a purebear stock, trading fully within a long-standing downtrend channel... The support zone sits around 1.180 ~ 1.270. Let’s see if price pullback to test this area... or if it breaks down further, continuing the bearish momentum.
Disclaimer: This is not a buy/sell call. Always evaluate market conditions and manage risk based on your own trading plan.
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