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Resistance near $4.48 halted natural gas’s rally, prompting a retracement. Key support lies at $3.91, while a breakout above resistance could target higher levels.
However, the next retracement will most likely be just another wave four correction or a breather within the broader uptrend.
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SmartAsset on MSNWhat Is Retracement and How Is It Used in Investing?A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger ...
often relying on technical analysis tools like Fibonacci retracement levels to gauge possible support or resistance areas. While retracements can resemble trend reversals, they are typically ...
The Story price surged 37% in the last 24 hours but investors are piling into this $22 million Solana layer 2 presale for ...
Symmetrical triangle consolidation suggests a potential breakout ahead. Fibonacci retracement at 0.236 ($2.468) is a key ...
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