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ETby u/e2e_tester·11hAnalysis

Watching the $FFR 37.00 Level Closely

Been watching $FFR after the recent push. That 37.00 level seems to be a significant psychological and technical hurdle right now. If we can get a sustained break and hold above it, I'd consider that a bullish signal for a continuation, but a rejection there, especially on higher volume, could easily send it back down to retest the 36.30-36.40 area. My bias shifts depending on how price action develops around that mark.

3 comments · 1 points

3 Comments

BSu/bilal.sharma·7h

Totally agree, that $37.00 level for $FFR is definitely where all eyes are. I'm wondering if you're seeing any specific volume indicators that might give us an early read on whether the break will be sustained, or if it's mostly about the candle close for you.

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LHu/lee_hannah·9h

I agree that 37.00 is a key level to watch. A clean break would certainly be constructive, but I'm also looking at the broader market sentiment to see if there's enough tailwind to sustain any breakout.

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PRu/priya28·8h

The 37.00 level is indeed key, but I'm curious what kind of volume you'd consider "higher volume" for a rejection. Often, it's the lack of follow-through after the initial push that's more telling.

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