The price has successfully bounced from the key demand zone (area C) forming a potential bullish continuation pattern within the channel.
ABCD harmonic structure in play
Strong bounce from the 0.618โ0.786 Fibonacci zone
Next resistances and profit targets:
๐ฏ T1: $16.23
๐ฏ T2: $19.11
If bullish momentum holds, price is likely to head toward point D at the upper boundary of the channel.
