π Trend: Uptrend still intact, holding rising support
π Support Zone: βΉ13,600 β βΉ14,000
π Resistance Zone: βΉ16,000
π Key Observation: Price holding the long-term trendline support, but facing resistance around βΉ16,000
π§ Chart Insights:
Price is respecting the lower end of the rising channel.
RSI is recovering from near 40 levels, suggesting possible upside buildup.
As long as it holds above βΉ13,600, the setup remains positive.
β My Take:
Short-term bias: Rangebound to Positive
A breakout above βΉ16,000 could lead to a fresh leg higher.
Below βΉ13,600, structure weakens.
(Chart Attached)
π’ Info only. Not a buy/sell call. Positions may or may not be held. π Market risks apply.