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MIS is ready to breakout, indicating a possible trend continuation
Naranj Capital Research Desk
July 4, 2024
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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