Hey there,
ðąBy examining the chart n the 12-hour timeframe, you can see that the price is currently following a downward channel trend. However, there has been a positive response as the price has managed to grow within the midline of the channel, reaching around the $69 price range. It's currently consolidating in that range.ðđ
âžLooking ahead, in this 12-hour timeframe, one possible scenario to consider is if the support range around $66/$65 holds, we may see further price growth towards the important resistance level at $72, and even reach the supply zone around $75. To get a better understanding of the price trend continuation, it's important to observe how the price reacts to these resistance levels.ðđ
ðĩRemember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"ââĻ
â (DYOR)...â ïļâïļ
ðđSure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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