Technical Analysis
The price has reached a new all-time high (ATH) and is now advancing toward the 45,200 level.
Currently, a corrective move toward 44,920 is underway, and a sustained position above this level is expected to propel the price further toward 45,200.
For a bearish scenario to materialize, the price must close a 4-hour candle below 44,750, which would likely open the path to a decline toward 44,400.
Key Levels:
Pivot Point: 45100
Resistance Levels: 45200, 45500, 45600
Support Levels: 44750, 44400, 44270
Trend Outlook:
Uptrend while above 44750 and 44920