See also
12.06.2025 04:40 AM
The downside target is 141.70, toward which the MACD line is approaching. The 143.45 support level serves as an intermediate threshold. A firm move below 141.70 would enable the bears to push deeper toward 139.59.
The price has fallen below the balance line on the four-hour chart, and the oscillator's signal line has moved into the downtrend zone. However, the 143.45 support level is reinforced by the MACD line. Therefore, only a confirmed break below this level would signal a faster decline in price.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
