The price will maintain bearish momentum as long as it trades below 20,750, with potential downside targets at 20,550. A break below 20,550 could extend the decline further to 20,330.
For a bullish scenario, the price must break above 20,750 by closing at least a 1-hour candle above this level, which could lead to an upward move towards 20,860.
Key Levels:
Pivot Point: 20750
Resistance Levels: 20860, 20990, 21080
Support Levels: 20550, 20330, 20150
Trend Outlook:
Bearish below 20750
Bullish above 20860