As we mentioned in yesterday's analysis, the price reached 39990 and, for now, will fall to do a retest. Since the market opened, it has been trading favorably and is now trying to do a retest. Also, trading above 39990, opportunities to reach new levels will be available, like 40200.
When it starts its correction toward down, it will touch 39990 or 39860. However, if it continues this correction and stabilizes under 39860, it will be bearish.
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