Price is holding a strong support zone around 78–80, showing clear signs of accumulation. The structure suggests buyers are building positions, preparing for a potential upside move.
The current range offers an optimal entry for spot accumulation, with higher targets aligned toward mid-term resistance levels. A breakout above 88 would confirm momentum continuation and open the path toward higher targets.
As long as price holds above the support zone, the bullish bias remains intact. A breakdown below the flip level would invalidate the setup and shift the structure bearish.