Price discovery is always tricky, but the current structure clearly favors the bulls. After breaking through previous consolidation, we are seeing strong momentum, but chasing right into the highs is poor risk management. I want to see a controlled pullback or a brief flag formation to build a higher low. A retest of the recent breakout zone would offer a much cleaner entry.
EP
$80,500 - $81,000
TP
$81,500
$82,200
$83,000
SL
$79,800
A sustained reclaim above $81,450 could keep momentum expanding toward the next psychological resistance. A decisive breakdown below $80,000 would weaken the short-term structure and invalidate this setup.
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