- Short-term trend: Bearish. Price is consistently making lower highs and lower lows since late February.
- Medium-term trend: Also bearish, as confirmed by price staying below the midline of the Bollinger Bands.
- Price is near the lower Bollinger Band, suggesting it is oversold in the short term. However, it has not shown signs of a strong reversal yet.
- Volume is slightly above average on the most recent red candle, confirming bearish conviction.
- Support Zone: Around 520'0 – psychologically and structurally important.
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