54c is the key resistence level. Then you have the nice round number at 55c. Round numbers are a psychological barriers as sellers tend to place their orders at those levels. (55c then 60c then 65c etc)
A break through 54c and then 55c will be tough and may take some time. Hopefully those two big sell orders may well disappear if 54c is attacked and the battle will be won.
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- the battle line is at 54c
the battle line is at 54c
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