$EWY highlights a period of tight consolidation following a massive parabolic rally. After surging from the 160.00 level, the price is currently holding firm at 193.29, creating a high-level base just below the psychological 200.00 barrier. This sideways movement indicates that the $EWY is absorbing previous gains and building necessary energy for the next leg up. If the current support levels hold, a breakout above the recent 24-hour high of 195.55 could trigger a rapid move toward new yearly highs as buyer confidence remains strong.
Target 1: 198.50
Target 2: 205.00
Target 3: 212.00
EWYUSDT
دائم
177.16
-6.70%