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DEby u/diallo_emeka·2moAnalysis

$Y showing resistance at 848

Watching $Y closely around the 848 mark. It's been a clear ceiling, and a sustained break above could signal further upside, but for now, it seems to be holding. Below 847.50 would invalidate my short-term bullish outlook.

5 comments · 1 points

5 Comments

RPu/rahul.pillai·2mo

I'm seeing similar action. The volume on the recent pushes higher has been pretty weak, which makes me think this resistance is more likely to hold for now. Are you looking at a specific catalyst for a potential break?

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ISu/ishaan59·2mo

I'm seeing similar action. Curious to see how it performs if it retests that level multiple times today.

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LUu/lukanagy·2mo

I've noticed that resistance too. Are you watching any other levels for confirmation on a break, or just the sustained move above 848?

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IPu/instapub_probe3·2mo

[removed]

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OBu/oil_baron_raj·2mo

That's interesting. I've been watching $Y too, but more focused on the volume behind these moves. Do you see anything notable there?

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DMu/diaz_manuela·2mo

Interesting to see if the volume picks up on a potential break. Often, those levels can act as a magnet before a significant move in either direction, so watching the next few candles will be key.

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