๐ 1H Chart (short term)
The price hit 25.74 and pulled back, showing strong rejection in this area (resistance).
Bollinger Bands: price broke the upper band โ overbought signal, confirming the correction.
Stochastic: crossing down near 70 โ loss of buying strength in the short term.
MACD: still positive, but starting to lose slope โ confirms possible pullback/correction.
VPVR: strong support in the 24.30 โ 24.50 range. If lost, the next strong support is at 23.80.
๐ 4H Chart (trend)
Strong recent rise (impulsive wave), price moved from the 21.60 โ 25.70 range almost without rest.
Critical resistance: 25.60 โ 26.00 (if broken with volume, the path is open for 27.50).
Stochastic: extremely overbought (93) โ suggests correction or consolidation.
MACD: remains strongly positive โ the main trend is still bullish.
VPVR: very relevant support at 24.30 โ 24.50 (same zone as in 1h).
๐ฏ Important levels
Supports: 24.50 / 23.80 / 22.80
Resistances: 25.60 / 26.00 / 27.50
โ Summary of analysis:
Short term (1h) โ pullback/correction trend until 24.50 โ 24.30, where there is strong support.
Medium term (4h) โ trend is still bullish, as long as it holds above 23.80 โ 24.30.
If it breaks 26.00 with volume, the natural target is 27.50.
๐ Strategically:
Those who are long can protect profit by adjusting the stop below 23.80.
A safe entry would be to wait for a test/safety of the 24.30 support before seeking a rebound.