✅ The upward trend is still strong (bullish momentum).
⚠️ But technical indicators say the price is already too high (overbought) → vulnerable to correction in the near future.
📍 Nearest support: 1.2430 – 1.2450 (MA-20 line in Bollinger).
📍 Next strong support: 1.2140 – 1.2200.
🎯 Entry Scenarios
1. Safe Entry (Buy on Dip)
Wait for a correction to 1.243 – 1.245.
If the correction is deeper, the zone 1.214 – 1.220 becomes a good area for averaging.
2. Momentum Entry (Breakout)
If the price can break strongly above 1.2620 – 1.2650, you can make a small entry → target to 1.285 – 1.300.
🎯 Trading Targets
• TP1: 1.280
• TP2: 1.300
• TP3 (optimistic): 1.325
• Cut Loss: close candle below 1.210
👉 Conclusion:
Now don't FOMO into entry because it's already overbought. It's wiser to wait for a retrace to the support area, or wait for breakout confirmation above 1.265.