Bias: Bullish trend continuation while above structural support
Buy aligned with the prevailing trend-continuation structure. The medium-term technical backdrop remains constructive: price holds firmly above the 50- and 200-day SMAs, the 4H EMA cluster continues to act as dynamic support, and ADX (~35) confirms a healthy directional environment rather than a range regime. Momentum is elevated but not overheated, with hourly and daily RSI readings signaling strength without reaching exhaustion territory.
Sentiment remains modestly positive and meets the entry threshold required for new positioning, while order-flow analysis shows no visible signs of distribution. The primary tactical consideration is participation: 1H volume has been relatively low, so any breakout attempt should be accompanied by a clear expansion in volume to validate continuation.
Key Levels
Major Support: 1316
Primary Resistance / Breakout Trigger: 1493
Trade Plan
Look for continuation entries on pullbacks holding above trend support or on confirmed breakout above 1493 with expanding volume.
Monitor ADX and participation metrics; weakening momentum or declining participation during advances would increase the probability of consolidation and require reassessment.
Buy aligned with the prevailing trend-continuation structure. The medium-term technical backdrop remains constructive: price holds firmly above the 50- and 200-day SMAs, the 4H EMA cluster continues to act as dynamic support, and ADX (~35) confirms a healthy directional environment rather than a range regime. Momentum is elevated but not overheated, with hourly and daily RSI readings signaling strength without reaching exhaustion territory.
Sentiment remains modestly positive and meets the entry threshold required for new positioning, while order-flow analysis shows no visible signs of distribution. The primary tactical consideration is participation: 1H volume has been relatively low, so any breakout attempt should be accompanied by a clear expansion in volume to validate continuation.
Key Levels
Major Support: 1316
Primary Resistance / Breakout Trigger: 1493
Trade Plan
Look for continuation entries on pullbacks holding above trend support or on confirmed breakout above 1493 with expanding volume.
Monitor ADX and participation metrics; weakening momentum or declining participation during advances would increase the probability of consolidation and require reassessment.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.