#Write2Erarn #HotTrends #ANALYSIS
The price has broken the long uptrend channel, and it remains to be seen whether this is a real breakout or not. It would be prudent to wait for a candle close for confirmation. If the price is unable to close above the trendline, then I expect a move towards the major support area.
Major Support Area: $40.80-$44.50
Resistance Area: $62.5-$65
