WHEAT is testing a major resistance zone that has previously led to significant bearish reversals. The recent bullish momentum into this area increases the likelihood of seller interest.If the market shows bearish confirmation through rejection wicks, bearish engulfing candles, or increased selling volume, a move toward 579.9 seems likely. But, a breakout above this resistance may suggest continued bullish strength.
Just my take on key support and resistance levels—remember, this isn’t financial advice. Always confirm your setups and manage risk wisely.
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