Price correction?
Yesterday, Lina established a significant resistance level, often leading to price correction if subsequent candlesticks fail to break through this barrier. Monitor Lina's price action for potential trading opportunities.
6/5/20241 min read
![Lina chart displaying a significant resistance level formed after a considerable upward movement, in](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=1018,h=586,fit=crop/mP4DRvxXEycnaE1Q/2-YleMa3rpMXHBekEk.png)
![Lina chart displaying a significant resistance level formed after a considerable upward movement, in](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=328,h=189,fit=crop/mP4DRvxXEycnaE1Q/2-YleMa3rpMXHBekEk.png)
Yesterday, Lina established a significant resistance level. Typically, after a considerable upward movement, such a candlestick can form. In many cases, if subsequent candlesticks fail to break through this resistance, a price correction is likely to occur.