The price experienced a bullish impulse, followed by a correction that returned to a former resistance level that became support.
🔁 This area also corresponds to the Fibonacci golden zone, which increases the likelihood of a rebound, at least technically.
🎯 Possible scenarios:
1️⃣ Start gradually accumulating in this zone
2️⃣ Wait for the ROB to break for confirmation
3️⃣ Confirm an EMA 7 / SMA 20 crossover for greater probability
📉 Stop Loss: below the SMA 200 H4 (or according to your money management)
🎯 Objective: return to the last high
⚠️ This analysis is purely educational – this is not investment advice.
💬 What's your opinion? Are you accumulating or are you still waiting?