Price is in a rising channel + bullish structure (BOS), but now reacting at the premium zone + channel top, so a short-term pullback is expected before continuation.
Bias: Bullish overall | Short-term pullback
🔻 Resistance (Sell Zones)
R1: 79.50 – 80.00 (current rejection zone)
R2: 84.00 – 85.50 (HTF FVG supply)
🔻 Support (Buy Zones)
S1: 77.80 – 76.80 (0.5–0.618 + structure)
S2: 75.80 – 74.30 (FVG + channel mid)
S3: 72.30 – 71.50 (strong base)
🔑 Key Levels
Breakdown below: 76.80 → deeper pullback
Breakout above: 80.00 → continuation bullish
📊 Scenario
Current move looks like a distribution at highs
Expect a pullback to 77.5 → 76.8 first
If holds → continuation towards 82+
If breaks → drop to 75 zone
Free signals and market insights: https://t.co/WhCVMBY1kM
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