Market analysis

CIX is 15% away from the critical resistance❗️

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💎After CIX broke above the downtrend trendline, it formed a double bottom near 197,000. At the same time, the trendline acted as the support, and throughout this month, we can witness consistent growth.

💎Based on the previous price action, the key resistance has been found around 286,000, corresponding to the 38.2% Fibonacci retracement level.

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