Trend structure aur price movement ko dekhte hue, pair ne September 2024 ke akhir se lekar April 2025 ke shuruat tak ek significant downtrend dikhaya, jisme price movements tight consolidation aur repeated declines ka shikar hue, khaas kar resistance levels ke aas paas, jo ke 0.6050 ke aas paas tha. Yeh trend continue hua lower lows ke saath, jo ke 0.6250 ke aas paas October 2024 mein aur 0.5430 ke aas paas March 2025 ke akhir mein the. Lekin, is low ke baad jo strong rise aayi, usse lagta hai ke ab ek bullish trend emerge ho raha hai.
April 2025 ke shuruat mein jo decisive technical event hua, wo yeh tha ke price ne 0.5800 ke key resistance level ko break kiya. Yeh level pehle kai dafa rise karne ki koshishon ko fail kar chuka tha. Yeh breakout strong bullish candlestick aur increasing trading volume ke saath tha, jo yeh indicate karta hai ke institutional investors bhi isme participate kar rahe hain. Price phir continue hui bina kisi significant drop ke, aur 0.5900 level ko break karte hue ab 0.5980 ke overbought area tak pahuch gayi hai.
Agla immediate resistance level 0.6050 hai, jo ke January-February 2025 mein last observed hua tha aur pehle supply zone ka kaam karta tha. Iske ilawa, 0.6120-0.6150 ka area next major hurdle hai kyunki yeh previous support level ka converted resistance zone hai jo December 2024 mein breakout ke dauran tha. Downtrend mein, pehla support 0.5920 par hai, aur doosra 0.5860 par hai. Yeh level recent breakout ka basis bana tha. Agar yeh level achieve nahi hota, to bullish breakout ka reversal ho sakta hai aur downtrend 0.5740 tak bhi pohnch sakta hai.
Bollinger Bands ki baat karein to yeh significantly expand ho chuke hain, jo breakout ke baad increased volatility ko reflect karta hai. Current price apne upper limits ke andar trade ho raha hai, jo aksar bullish trend ka sign hota hai. Lekin, recent candlesticks ke slow momentum ko dekhte hue, yeh indicate karta hai ke further expansion ya consolidation ki zarurat ho sakti hai, is se pehle ke next uptrend emerge ho.
Short-term moving averages (jo red se highlighted hain) ek strong upward trend dikha rahe hain, jo bullish approach ko support karta hai. Yeh bullish crossover 10 EMA ke 20 EMA aur 50 EMA ke upar break karne se confirm ho gaya hai. Abhi current price in sab averages ke upar hai, jo strong momentum aur trend continuation ki taraf ishaara karta hai, halanke 0.5920-0.5900 zone ki taraf ek dip hona healthy aur sustainable lagta hai.