4. Price Action Analysis with Target at 92K

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1. Market Structure

The chart shows that the market was previously in a downtrend, but price has now created a bullish structure shift.
This shift is confirmed by a Break of Structure (BOS) to the upside, meaning buyers have taken control.


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2. Support Zone

Price reacted strongly from the support zone around 85,371 – 86,242.
This area acted as a demand zone, showing:

strong buying interest

repeated rejections of lower prices

possible accumulation before an upward move



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3. Bullish Signals

Several elements confirm a bullish direction:

BOS upward (break of previous highs)

formation of higher lows

movement into an ascending channel

strong buying wicks from support


These signs indicate that the market is preparing for a continuation to the upside.


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4. Target Projection

The chart marks a major target at 92,069.98 USD.
This is likely based on:

past resistance levels

a measured move from the breakout

liquidity sitting above previous highs


This makes 92K a logical take-profit level.


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5. Risk Level

If the price falls below 85,000, the bullish structure becomes invalid.
This would suggest:

loss of support

possible return to bearish control

breakdown from the current pattern


This level is suitable as a stop-loss for traders.


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6. Summary

Trend has shifted from bearish to bullish

Strong reaction at support

Confirmed upward BOS

Price is showing healthy continuation signals

Target is 92K

Risk below 85K
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