The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 39170 to 39080, respectively, are highlighted.
Things I Have Seen👀:
Medium-Risk Buy Zone🟠: Noted between 39170 and 39080, suggesting another area with moderate risk for potential buying positions.
Bullish Targets📈:
39600: Possible retracement area. 39750: Possible retracement area. 40000: Area with a lot of liquidity.
What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.