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UWU

Cautious on Resistance: What Keeps 60 from Breaking

It didn’t fall below 60, and it feels like they’re the reason it didn’t drop further. I’m keeping a close eye on how this dynamic plays out and staying cautious about further downside risk unless there’s a clear catalyst.
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Analysis

The opinion highlights a price level (60) acting as a floor, allegedly supported by external factors or actors. This implies a structural resistance around the 60 mark, where sellers or market dynamic...

Recommendation

Recommendation: Maintain a cautious stance. Avoid large long-entries until a clear bullish signal emerges above resistance with consistent volume.Trade plan: define a tight stop just below 60 to prote...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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