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📉 Support Levels
- First Support: $2,140 – $2,145 (corresponds to today's low; a break below indicates short-term weakness)
- Strong Support: $2,120 – $2,130 (short-term lifeline; a stable hold increases the probability of a bullish trend)
- Extreme Support: $2,080 (if effectively broken, likely to test the $2,000 psychological level)
📈 Resistance Levels
- First Resistance: $2,170 – $2,180 (primary resistance zone for intraday rebound)
- Strong Resistance: $2,190 – $2,200 (24-hour high and key psychological level, strong resistance zone)
- Breakout Target: $2,250 (requires volume confirmation to stand firm, then bullish targets can be considered)
💡 Trading Recommendations
Current price is approximately $2,155, mainly fluctuating within the $2,140 – $2,180 range. Suggest buying low and selling high.
- Long Position: Enter after retesting and stabilizing at $2,120 – $2,140, with a stop loss at $2,090, target $2,180/$2,200.
- Short Position: Enter on resistance during rebound to $2,180 – $2,200, with a stop loss at $2,220, target $2,140/$2,120.