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$CPI Holding 25.6 Level, Watching for Next Move
Been observing $CPI closely this week. It's really hugging that 25.6 level, holding on strongly even with the slight dip today. If we see a decisive break below 25.58, it might signal a push towards lower support, invalidating this consolidation around 25.6. Alternatively, a clear move above 25.62 would suggest the bulls are back in control. I'm just watching the candles form here, no strong bias yet.
2 comments · 3 points
It's interesting to focus on such a tight range for $CPI. What makes 25.6 a particularly strong level of interest given its recent historical context?