With an understanding that the price is within the resistance zone around 23.5, there is a likelihood of a correction occurring before the price moves higher. After reaching the highest resistance level at 23.70, there is potential for short-selling, with a swing zone between 22.5 and 23.1. Following that, the price may reach support at a strong level around 22.96.
So, the potential sequence of price movements is as follows:
The price enters the resistance zone around 23.5.
Correction occurs after reaching the highest resistance level at 23.70.
Potential for short-selling emerges with a swing zone between 22.5 and 23.1.
The price is likely to touch support at the strong level of 22.96.
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