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The four-hour chart is positioned for an imminent breakout, with bulls fully prepared for an upside move. Price has now decisively surpassed the Bollinger Band midline and broken through the upper band resistance: The EMA moving average system displays a standard bullish alignment, with short-term averages accelerating upward, intermediate-term averages rising steadily, and the downside correction structure has come to an end, while the upside trend has formally established dominance. The MACD dual lines have completed a golden cross above the zero line with synchronized momentum, with red histogram energy continuously strengthening, indicating that bullish power is being released in an orderly manner. The KDJ indicator, although at elevated levels, maintains a golden cross expansion, demonstrating that the current rally remains in a healthy state, not a short-term bull trap, but rather the establishment of a new primary uptrend.
It is suggested to go long around 2300 and 2270, with targets first at 2480, and if broken above, targeting 2650.
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