1. What’s Happening Here
The price dipped to 205.34 (local support).
Buyers stepped in (see big green volume spike).
Price bounced back to 211.65.
The MA(7) (209.1) is crossing above MA(25) (208.5) → bullish crossover on the short-term.
Price is still below the MA(99) (212.4) → long-term trend still slightly bearish until it breaks that level.
2. Support & Resistance
Support (buyers step in): ~205.34 (recent low).
Resistance (sellers block): ~218.00 (recent high).
If price breaks 212.4 (MA99) with volume → next target could be 215–218 zone.
If it rejects, it might retest 207–205 zone.
3. Volume Analysis
Notice the big green volume bar at the right → strong buying interest.
If next candles also keep volume high, price has momentum to go higher.
If volume fades, the bounce may fail.
