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Short-term Price Momentum Accelerating

COFFEE COMMODITY

February 11, 2025 at 11:28 PM

BREAKING NEWS
Technical models predict continued upward momentum with daily volatility ranging from 2.86% to 5.53%. Higher volumes consistently driving larger price moves - watch for breakout continuation.
Short-term Price Momentum Accelerating
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Coffee Market Surge: Traders' Quick-Fire Guide to Explosive Price Movements

Coffee prices hit a new high of $431.95 with heavy trading volume over 28,000 contracts. The market shows exceptional strength with four consecutive up days, suggesting continued bullish momentum. ✏️

Coffee market delivers 30% monthly return amid high volatility. Trading range expanded to 98.15 points with key resistance at $424.10 and support at $321.95. ✏️

Weekly volume surged to 122,088 contracts from 70,078 in mid-January. Expanding price ranges and rising volume validate strong upward trend. ✏️

Models predict continued momentum short-term but warn of potential monthly consolidation. Watch support at $192.05 for trend confirmation. ✏️

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