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MIS is ready to breakout, indicating a possible trend continuation

    • Following a strong upward trend, the price was unable to break through the 175 level and saw a sharp decrease.
    • Eventually, the price found support around the 120 level and started to slowly climb back up.
    • Despite its attempts, the price was unable to surpass its previous resistance.
    • Currently, the price is trading near the resistance zone and is expected to break through that level soon.

     

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