Uptrend Side: The chart has reversed to a bullish trend and is currently trading around the resistance level of 21,615. If the price can break this level on the 1-hour candle, we should prepare for a potential move toward higher levels. Initially, the price is expected to rise and test the 21,760 level. Once this level is surpassed, it will likely target the previous high zone. Successfully crossing this zone would set the stage for reaching a new high level.
The price may fall to make a correction until 21415.
Downtrend Side: The bearish scenario will remain valid as long as the price trades below 21,615, particularly if it declines further to break below 21,415.
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