After a strong impulsive move and correction, price is now consolidating between support and resistance zones. The lower area near 4,740–4,760 acts as a strong base, while the upper zone caps movement.
If price holds above mid-support and gains strength, a move toward the upper resistance is likely. On the other hand, a drop below support may lead to a deeper pullback before stabilization.
Possible Targets:
Upside: 4,860 → 4,900 → 4,930
Downside (if extended): 4,760 → 4,720
Key Levels:
Resistance: 4,880–4,900
Support: 4,740–4,760