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April 22 Evening Analysis
Although a golden cross of moving averages and a bullish alignment appeared on the 1-hour chart, the price is already at a high level, close to the upper band resistance, with a risk of a pullback after a rally.
The strong resistance zone above is 78,400–79,000. If there is increased volume with stagnation, an upper shadow, or a reversal, the main trend is bearish;
Support below is 77,500. A break below confirms a bearish trend.
Trading suggestion: 78,600–79,100🈳, target 76,600–77,100.