retest check

1. Successful Retest (Bullish Confirmation):
If price touches the breakout level (~25,440) and bounces back up, it confirms strong support.

This is a buying opportunity for traders.

Entry: Near the support level (25,440).

Stop Loss: Just below the support (e.g., 25,400).

Target: Next resistance levels like 25,520 or higher.

❌ 2. Failed Retest (False Breakout):
If price breaks back below 25,440, it can be a false breakout.

Price might re-enter the sideways range or even go into a downtrend.

Traders should avoid long trades or may even consider short positions if it falls below 25,292 (support zone).

📊 What to Watch Now:
Price behavior near 25,440.

Volume: Low volume = weak retest; Strong bounce with volume = bullish.

Candle patterns: Bullish reversal candles (e.g., hammer, bullish engulfing) near 25,440 can confirm upside.