Price remains inside an ascending channel, keeping the overall uptrend intact. The current pullback appears to be a healthy retest of support, not a trend reversal.

Entry: 56.0–56.1K
Stop Loss: Below 55.0K
TP1: 58.0K (Previous resistance)
TP2: 60.5K (Next major resistance)

Key Confluences:

* Ascending channel support
* Horizontal support
* Bullish market structure (Higher Highs & Higher Lows)
* Price remains above MA99 (long-term trend intact)

Bullish Scenario: A strong bounce from support could trigger a move toward TP1, while a breakout above 58.0K may open the path to 60.5K.
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