Hey there! As you can see, in the 4-hour timeframe, after a decline, the price has shown a positive response from the $1.044 range, and it's currently trading around the $1.053 range. Based on the candlestick patterns, my expectation is that the price may continue to move positively toward the resistance levels at $1.056 / $1.058 with some positive fluctuations. Afterward, upon completing the pullback process, we might observe a price correction.
In the case of positive fluctuations, to gain a better understanding of the continuation of the price trend, we should closely monitor how the price reacts to the resistance levels.
âĻWhat's your opinion? Do you agree?
ðĩRemember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"âïļ
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Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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