Technical Analyze:
The price continues to consolidate between 2,775 and 2,788, though a strong corrective move towards 2,758 appears likely. A bearish correction to 2,758 is anticipated before any potential breakout above 2,788.
Bullish Scenario: If the price breaks and stabilizes above the resistance at 2,788, it will likely continue upward toward 2,804 and 2,816, aligning with the next bullish target.
Bearish Scenario: Stability below 2,775 would support a bearish correction to 2,758. A 1-hour or 4-hour candle close below 2,758 would further confirm a downward move toward 2,738.
Key Levels:
Pivot Point: 2781
Resistance Levels: 2790, 2804, 2816
Support Levels: 2769, 2758, 2738
Trend Outlook:
Correction til 2769 or 2758
Above 2788: Uptrend
Under 2758: Downtrend