A long position around 77.50 appears reasonable based on the current price structure and momentum recovery visible in the market. The zone near 77.50 is acting as a strong support area where buyers have previously shown interest, increasing the probability of an upward continuation. If bullish momentum remains intact and volume continues to improve, the price may gradually move toward the target price of 82.00. The trade offers a balanced risk-to-reward setup, especially if proper risk management and a disciplined stop-loss below support are maintained. Overall, the setup favors a controlled bullish move with potential for steady upside as market sentiment strengthens.
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