The texture of the chart formation and technical indicators such as RSI is indicating at a likely reversal from the current levels, which could lead to a new leg of the up move from its demand zone.In the near term, 268 would be the immediate support zone for the stock. Above the same, the stock may witness a pullback rally towards 299
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest