Summary:
Price action remains weak after last week's bearish close, with 3440 acting as a clear resistance level. While bulls have lost momentum, bears have not yet taken full control — 3310 and 3283 are key support zones to watch.
Price is currently reacting near 3339,
• Above 3345, the plan is to buy on pullbacks.
• Below 3332, switch to selling rallies.
Expect a potential bounce after the recent sharp decline from 3420 to 3385, but stay cautious near resistance zones like 3385–3400, as consolidation or rejection may occur.
🔍 Key Levels to Watch:
• 3384 – Resistance
• 3375 – Key resistance
• 3365 – Resistance
• 3345 – Intraday key resistance
• 3325 – Intraday key support
• 3310 – Support
• 3300 – Psychological level
• 3283 – Critical support
📈 Intraday Strategy:
• SELL if price breaks below 3332 → target 3325, then 3320, 3310, 3300
• BUY if price holds above 3345 → target 3350, then 3365, 3375, 3384
👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.
Price action remains weak after last week's bearish close, with 3440 acting as a clear resistance level. While bulls have lost momentum, bears have not yet taken full control — 3310 and 3283 are key support zones to watch.
Price is currently reacting near 3339,
• Above 3345, the plan is to buy on pullbacks.
• Below 3332, switch to selling rallies.
Expect a potential bounce after the recent sharp decline from 3420 to 3385, but stay cautious near resistance zones like 3385–3400, as consolidation or rejection may occur.
🔍 Key Levels to Watch:
• 3384 – Resistance
• 3375 – Key resistance
• 3365 – Resistance
• 3345 – Intraday key resistance
• 3325 – Intraday key support
• 3310 – Support
• 3300 – Psychological level
• 3283 – Critical support
📈 Intraday Strategy:
• SELL if price breaks below 3332 → target 3325, then 3320, 3310, 3300
• BUY if price holds above 3345 → target 3350, then 3365, 3375, 3384
👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.