194.95: Major rejection/resistance area 162: Major bounce/support area Mid-range: ~178.5
If price approaches 190–195 and rejects: ➡️ Short setup can target 185 → 175 → 162. If price drops toward 162 and gives a clear bullish reaction: ➡️ Long setup can target 175 → 185 → 195.
Breakout scenario: Clean 4H/1H close above 195 + retest hold → structure turns bullish toward higher levels. Clean break below 162 + failed retest → bearish continuation becomes more likely