Price is trading below 20 & 50 EMA → short-term bearish control
Hovering near 100/200 EMA zone → acting as dynamic support cluster
Overall: Lower highs + rejection near EMA = bearish continuation risk
Key Levels (Intraday)
Resistance:
77.20 – 77.80 → EMA confluence (strong supply zone)
78.20 → breakout level for bullish shift
Support:
75.80 → immediate support
75.00 → key breakdown level
72–76 zone = major higher timeframe demand area
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