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- Strong bullish candle just formed, pushing price up to 3402.98.
- Looks like a breakout move from the 3397 zone.
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Moving Average (Red Line)
- Price is holding above the moving average → bullish signal.
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RSI (14) = 67.30
- RSI is near 70 → almost in the overbought zone.
- Means price can still push higher, but some retracement is possible.
📈 Possible Trade Plan
Buy Setup (if bullish momentum continues):
- ✅ Entry: Above 3403 with candle close
- 🎯 TP1: 3410
- 🎯 TP2: 3416
- ❌ SL: 3395
Sell Setup (if rejection happens):
- ✅ Entry: Below 3396 with candle close
- 🎯 TP1: 3389
- 🎯 TP2: 3382
- ❌ SL: 3405
👉 Right now, price is bullish, but RSI is high. That means short-term buy is possible, but with a tight stop loss.
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