Market has shifted to bullish structure (BOS + higher lows) and is now respecting a trendline + premium push, but currently sitting just below internal resistance (4805–4810).
Bias: Bullish continuation (buy on dip)
🔻 Resistance (Sell Zones)
R1: 4805 – 4812 (current rejection zone)
R2: 4870 – 4900 (HTF supply)
🔻 Support (Buy Zones)
S1: 4780 – 4765 (0.5–0.618 + trendline confluence)
S2: 4725 – 4710 (strong demand + previous base)
S3: 4668 (major support)
🔑 Key Levels
Breakout above: 4810 → bullish continuation
Breakdown below: 4765 → deeper pullback
📊 Scenario
Price likely to:
Retest 4780–4765 (trendline + Fibo zone)
Then push towards 4810 → 4850
If fails below 4765 → drop to 4725

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Leave Your Message Now