EUR/USD 1H Chart – Potential Bullish Reversal from Support

EUR/USD (1H) Chart Analysis:
Key Resistance Zone:

The price has tested the 1.05200 level multiple times but failed to break above, forming a triple top pattern, indicating strong resistance.
Key Support Zone:

The price found support around 1.03434, where buyers stepped in (marked by the red arrow).
A bullish reaction occurred, suggesting a potential reversal.
Potential Bullish Scenario:

If the price continues to rise from the support, it may retest the 1.04587 level.
A break above 1.04587 could lead to further gains, targeting 1.05200.
Risk Management:

Stop-loss: Below 1.03434 to protect against downside risks.
Take-profit:
Target 1: 1.04587 (previous resistance).
Target 2: 1.05200 (major resistance level).
Conclusion:

Bullish Reversal Possible: The price is showing signs of a potential upward move.
Watch for Confirmation: A break above 1.04587 would confirm bullish momentum.
Bearish Caution: If price fails to hold above 1.03738, further downside movement could occur.