reason expained:
- if we look for current price, price already make a new higher high in downtrend. Its mean Breakout Structure for revearsal pattern.
- the zone marked, is the Fresh Demand Zone which have potential to continue bullish trend.
-there are ssr zone
- if price enter the zone, it is possible for form Head and Shoulder chart pattern.
It is just technical analysis. ITS BETTER FOR WAITING CONFIRMATION IN ZONE.
shzkli