On the 30-minute timeframe for the GOOG stock, the price is currently in the local resistance zone at 370.00, where the market is testing the upper boundary of the current structure and a battle is ongoing between buyers and sellers. The situation is indeed pivotal: the market has reached a key decision point after an impulsive movement. If there is a confident breakthrough and consolidation above 370.00, this will open the way to the next target at 403.70. However, if the level holds and there is a pullback downwards, then the priority will shift towards a decline to the support at 342.60.
