INTRACO - Buyers Face Key Resistance!Intraco Refueling Station PLCDSEBD_DLY:INTRACORayannsrINTRACO is a Bangladesh-based company operating CNG refueling stations across the country. The company also provides refueling and maintenance services and has expanded its operations through several subsidiaries. It was established in 2007 and is listed on the Dhaka Stock Exchange. From a broader perspective, price remains bullish, continuing to trade inside the blue ascending channel for an extended period. After rejecting the blue support area and the lower boundary of the channel, price traded higher and is now approaching the lower red resistance area, creating an interesting technical zone to monitor. ⭕As price approaches this resistance, we can start looking for sell setups on lower timeframes, anticipating a potential rejection from the area. ⭕However, if buyers manage to break above the lower red resistance area, the focus shifts toward the upper resistance area, where it aligns with the upper boundary of the ascending channel and may provide another interesting area to look for sell setups. The reaction around these resistance areas may reveal whether sellers can slow the current bullish move, or if buyers have enough strength to continue pushing higher within the channel. ⚠️Disclaimer: This analysis reflects my personal market view and is not financial advice. Rayan Nasser #INTRACO #Stocks #TechnicalAnalysis #PriceAction #Trading #MarketStructure #SupportAndResistance