New ATH at 21250: Key Levels for Bullish Continuation or Bearish

Technical Analysis

The price has reached a new all-time high (ATH) at 21250 and continues in a bullish trend, targeting 21350.

Today, a retest down to 21170 or 21080 is possible. If the price closes a 4-hour candle below 21070, it may signal a bearish trend toward 20790.

Alternatively, a 4-hour or 1-hour candle closing above 21260 would support a bullish move toward 21350 and 21500.

Key Levels:
Pivot Point: 21260
Resistance Levels: 21350, 21500, 21600
Support Levels: 21170, 21070, 20790

Trend Outlook:
Bullish above 21260
Bearish below 21070

previous idea:
Bullish Momentum Post-Election: Key Levels & Breakout Potential
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