Long Scenario (Bullish)
• Entry: Buy at 22.50-22.70, if the price shows a clear bounce from the current level (22.24) with a bullish confirmation candle (like a bullish engulfing) and increasing volume.
• Profit target: 25.13 (key resistance). If this level breaks, the next target would be 29.90.
• Stop Loss: 21.68 (below the 24H low and near the EMA 50). This limits risk in case of a breakout.
Short Scenario (Bearish)
• Entry: Sell at 22.24-22.50, if the price fails to hold above 22.24 and shows a bearish confirmation candle (like a bearish engulfing) with increasing volume.
• Profit target: 21.87 (EMA 50) as the first target, and 20.40 (EMA 200) as the second target.
• Stop Loss: 23.50 (above the current consolidation). This limits risk in case of a bullish bounce.
