TUESDAY
25-JUN
Price broke above Y high but could not pick up momentum and rejected.
Further upside LQ could be found above LW high.
On LTF, price got capped around $315 with not a single H1 candle close above it.
This means that sellers are protecting this level at the moment.
A convincing break above it could mean that the rally will continue.
If the current range is established, price has reacted from the range EQ and will probably target the range high just above $315.
If price drops further down, the range low may be a good place to start looking for long entries.
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