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There are strong demand zones marked in blue, extending approximately from 100,000 to 90,000.
There is a possibility that the price may return to one of these demand zones to collect liquidity before continuing its upward movement.
Possible scenarios:
If there is a clear break above the Weak High with a daily close:
We expect the uptrend to continue towards 130,000 – 140,000 or even higher.
If strong price rejection appears at this level:
A correction may occur towards the first demand zone around 110,000 – 107,000 to regain momentum.
The strongest support currently lies between 100,000 and 90,000, where there is clustered liquidity and previous reversal candles.
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