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✅ 4-hour frame (4H) trend analysis
The price had previously exceeded the 5,000 mark and fell to a low of 4,878, forming an obvious structural breakthrough.
The price has since rebounded quickly and is now back above 5,000 points.
Price is currently moving below MA10 and closer to MA20, with the moving averages starting to converge.
The middle line of the Bollinger Bands (around 5030-5050) is considered the main resistance area.
The price had previously exceeded the 5,000 mark and fell to a low of 4,878, forming an obvious structural breakthrough.
The price has since rebounded quickly and is now back above 5,000 points.
Price is currently moving below MA10 and closer to MA20, with the moving averages starting to converge.
The middle line of the Bollinger Bands (around 5030-5050) is considered the main resistance area.
📌 4 hours review:
This move is not the beginning of a new uptrend, but a technical adjustment after a breakout.
As long as the price does not stabilize above the 5050 level, the current move is still considered a bounce within the corrective structure.
✅ Trend analysis of one hour (1H) frame
Looking at the hourly chart, the price has formed a continuous rebound since the bottom of 4878, with highs and lows gradually moving higher.
The moving averages have rearranged into a bullish formation, indicating strong short-term momentum.
The price is currently close to the 5010-5030 resistance area.
If the price can break above 5030, it is expected to test the 5050-5070 area.
📌 1 hour review:
The short-term rebound continues but faces strong resistance on the 4-hour frame.
🔴Resistance Zone
5030–5050 (4-hour frame Bollinger Band midline resistance)
5070-5100 (strong resistance area)
🟢 Support areas
4950-4970 (short-term support)
4870–4880 (Main Support Zone)
✅ Trading strategy reference
🔰 Buying strategy (short-term buying with the trend)
👉Registration: 4950–4980
🎯Target 1: 5030
🎯Target 2: 5070
📍Logic: The rebound in the hourly frame continues, but it is still within the correction wave.
🔰 Selling strategy (selling at resistance level is the main option)
👉Registration: 5030-5050 (registration in phases)
🎯 Target 1: 4970
🎯 Target 2: 4880
📍Logic: The 4-hour structure is still in the correction stage, and selling at resistance is the best option.
✅Risk Management
Current stage: The rebound tests the resistance zone.
If the price stabilizes above 5050 on the 4-hour frame → the selling idea becomes invalid.
If the price breaks above the 4950 level → the rally may end.
A bounce after a breakout does not necessarily mean a trend reversal.
