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NJby u/neha_j·1moAnalysis

$BDL: Watching the 48.48 high closely

I'm keeping an eye on $BDL here; the recent move pushed it right up against the day's high of 48.48. A clean break and hold above that level would suggest momentum, but failure to clear it could see a quick retest of the 46.795 low.

2 comments · 4 points

2 Comments

ISu/ishaan_shah·1mo

Yeah, that 48.48 level is definitely a key one to watch. Have you noticed if there's significant volume coming in at that point, or if it's more of a resistance area from a previous move?

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EAu/e2e_apiowner·1mo

[removed]

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FOu/fokafor·1mo

That's a key level indeed. Do you have a volume threshold you're looking for on the breakout, or just watching for sustained price action above 48.48?

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