Post by
EquityScout411 on Nov 20, 2024 3:59pm
Range-Bound Market: Breakout Incoming?
The price is moving within a clear horizontal range: resistance at the top and support at the bottom. A recent test of the lower boundary suggests downward pressure or a potential breakout. The midline acts as a pivot zone. Awaiting a breakout — upward for growth, downward for continued decline. Watching for confirmation.