🔹 Scenario 1: Bullish Case (Above 44,680 - 44,709 📈)
If the price stabilizes above the 44,680 - 44,709 zone, it signals bullish momentum.
This means buyers are in control, and the price is likely to continue rising.
Next target:
🎯 44,840 (Key resistance level)
If price breaks 44,840, it confirms a strong bullish breakout and can move even higher.
✅ Conclusion: Staying above 44,680 - 44,709 supports further upside towards 44,840 and beyond.
🔹 Scenario 2: Bearish Case (Below 44,680 📉)
If the price stabilizes below 44,680, it signals bearish pressure.
A 4-hour candle close below this level strengthens the bearish case.
Next support levels:
🎯 44,550 (First support)
🎯 44,300 (Stronger support, possible bottom)
🚨 Important:
If the price fails to hold 44,680, expect a move down to 44,550.
A further break below 44,550 would send it down toward 44,300.
✅ Conclusion: Below 44,680, expect a decline to 44,550 and potentially 44,300.
🔹 Key Takeaway
1️⃣ Above 44,680 - 44,709 → Bullish trend continues toward 44,840 and beyond.
2️⃣ Below 44,680 → Bearish trend begins, targeting 44,550 and 44,300.
3️⃣ Wait for a breakout or breakdown for confirmation before entering a trade