• 63K to 63.5K is critical support. A daily close below 63K risks a drop toward 60K to 58K with a likely bounce on first touch.
• 67K to 68K breakout with sustained closes flips structure bullish toward 72K and the 80K macro target.
• With the Fed decision now behind us, upcoming US jobs data could trigger the next range breakout in either direction.
• Most analysts agree the next move needs a catalyst like Fed guidance, labor market shifts, or ETF flows.
Without a clear macroeconomic surprise, consolidation remains the majority view among analysts. Traders are primarily playing the range between immediate support and resistance while awaiting data confirmation.
Watch US data and market sentiment for liquidity shifts when trading these ranges.
✈️ Get Chatoshi to unlock the full analysis
Drop a 🧡 on X
