January 7, 2025
Get straight to the key levels shaping coffee futures ($KC1) as of January 7, 2025, where a 1.618 Fibonacci retracement around 332 could spark a pullback to 288 or even 260. Watch how anchored VWAP and Fibonacci levels compress price action, hinting at a decisive breakout or breakdown. Note the importance of weekly closes above 332 or below 315, which could drastically shift market sentiment. Watch the full video to learn about our shorting strategies and plausible downside targets if support fails.