After a strong rally, price is consolidating just below recent highs. This type of behavior often reflects market strength, where sellers are unable to push price significantly lower.
A stable hold above 77,000 keeps the structure intact. A move above 78,200–78,500 could open the door for continuation toward higher resistance levels. A short-term dip remains possible but may find support quickly.
Possible Targets:
Upside: 78,500 → 80,000 → 81,500
Pullback zone: 77,000 → 76,500
Key Levels:
Resistance: 78,200–78,500
Support: 76,500–77,000