The current price is trading below the middle band of the Bollinger Bands, with the lower band providing clear support. After an earlier rally, the price pulled back but did not break below the lower band, indicating strong buying pressure below. The space between the middle and lower bands offers potential for a rebound. If the price stabilizes above the middle band, it may challenge the upper band in the future.
Consort Queen Trading Suggestion: Pullback near 3295-3270, with an upward target of 3330-3370.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
January 17 Consort Queen Market Outlook
The current price is trading below the middle band of the Bollinger Bands, with the lower band providing clear support.
After an earlier rally, the price pulled back but did not break below the lower band, indicating strong buying pressure below.
The space between the middle and lower bands offers potential for a rebound. If the price stabilizes above the middle band, it may challenge the upper band in the future.
Consort Queen Trading Suggestion: Pullback near 3295-3270, with an upward target of 3330-3370.