1. Identified Key Levels
Type Price Level (Approx.) Significance
Major Resistance 22,700 - 22,800 Previous support turned resistance; strong rejection possible.
Minor Resistance 22,400 - 22,500 Short-term bounce zone; potential sell-off area.
Current Price Zone 22,100 - 22,200 Market hovering near key support; decision point.
First Major Support 21,800 -...
1. Market Structure & Trend Analysis
• The chart clearly shows a strong downtrend forming after a prolonged bullish run.
• Multiple lower highs and lower lows confirm a bearish market structure.
• The market has broken through key support zones, indicating sustained selling pressure.
2. Key Observations
• Change of Character (ChoCH):
• There are multiple...
