Traded Value
Total Assets$SingTel(Z74.SG)Singtel is trading at $4.84 (prev $4.81), showing a slight rebound after moving within the $4.73 – $4.84 range.
Recent price action points to a technical bounce after a pullback, with buyers stepping in near lower levels, though selling pressure still caps upside near resistance.
Key Levels:
- Support holding around the $4.70 – $4.75 zone
- Resistance at $4.85 – $4.90
- Ongoing profit taking after the strong 2025 rally
Strategy:
- $4.70 holds a short-term bounce can continue
- Reclaims $4.90, it signals early recovery
- Breaks below $4.70, downside may extend further
Early signs of stabilization after the pullback, but needs to break above resistance to confirm a stronger recovery
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